Bipartisan senators unveil bill to claw back executives’ compensation after bank failures
6 Articles
6 Articles
Bipartisan senators unveil bill to claw back executives’ compensation after bank failures
A bipartisan group of senators introduced legislation on Wednesday to claw back some or all of the top executives’ compensation from the five years leading up to bank failures, following the high-profile collapse of Silicon Valley Bank and Signature Bank earlier this month. The bill — proposed by Sens. Elizabeth Warren (D-Mass.), Catherine Cortez Masto…
Bipartisan group of senators introduces bill to claw back compensation from executives following bank failures
The legislation from a bipartisan group of senators would require regulators to claw back all or part of the compensation bank executives got in the five years leading up to a bank's failure.
Bipartisan senators unveil bill to claw back executives’ compensation after bank failures
A bipartisan group of senators introduced legislation on Wednesday to claw back some or all of the top executives’ compensation from the five years leading up to bank failures, following the high-profile collapse of Silicon Valley Bank and Signature Bank earlier this month. The bill — proposed by Sens. Elizabeth Warren (D-Mass.), Catherine Cortez Masto…
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