Bank Director believes strong boards build strong banks. Since 1991, Bank Director has been the go-to source for members of ...
Hugely influential in the financial industry since 1991, Bank Director’s reach extends to all of the top leaders in banking including over 4,500 U.S bank CEOs and over 20,000 outside chairmen, ...
Updating loan-loss models can provide banks with a more accurate view of their risk while helping them meet regulatory reporting requirements. Patrick Vernon Senior Manager, Advisory Services Patrick ...
Corporate governance got increased scrutiny after the wave of scandals following Enron’s collapse, which proved that executive oversight is more than a vacuous administrative function performed by a ...
Having the right talent is essential to a bank’s long-term health and profitability. In this Board Brief, Bank Director CEO Al Dominick presents four case studies highlighting the biggest issues ...
Accounting and consulting firm Crowe Horwath LLP has conducted an annual review of bank compensation every year for 30 years. This year’s results from 280 banks show a modest increase in bank employee ...
Shareholders of public companies pushing to nominate activists in the boardroom are becoming more common. Boards of directors aren’t necessarily keen on the idea, although it’s becoming frequent ...
Like most banking companies, Umpqua Holdings Corp. in Portland, Oregon, lost money in 2009. It eked out a profit of $28 million the following year, and is on pace to hit $60 million in 2011?not quite ...
In July 2011, the former directors and officers of the failed $572 million-asset Haven Trust Bank in Duluth, Georgia, about 30 miles outside of Atlanta, were sued by the Federal Deposit Insurance Corp ...
The Dodd-Frank Act mandates that banks with $10 billion in assets or greater must have a board-level risk committee, and banks with $50 billion or more in assets also must have a chief risk officer.
This is not an easy time to be a very large bank doing business in the United States. The landmark Dodd-Frank Act, a comprehensive legislative response to the financial crisis of 2008, imposes much ...