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Regulators Find That Banks Have Not Adjusted Pay Practices

Regulators Find That Banks Have Not Adjusted Pay Practices

A compensation review of 28 financial companies found that many of the bonus programs that economists said contributed to the financial crisis were still in place.

 

Five AIG execs say may quit over pay

Five AIG execs say may quit over pay

Five senior executives at American International Group told the insurer last week they may quit if their compensation was cut significantly by the U.S. pay czar, the Wall Street Journal reported on Sunday.

 

AIG CEO ready to quit over pay limits

AIG CEO ready to quit over pay limits

After just three months as head of American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight.

 

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