The need for discretionary pay was one of numerous thorny issues put to chief executives of eight major banks during a hearing of the US House Financial Services Committee in Washington, DC.
Source: Risk magazine | 11 Feb 2009
Topics: Citi, Bank of New York Mellon, House of Representatives, Bank of America Merrill Lynch (BAML), Financial Industry Regulatory Authority (Finra), National Association of Securities Dealers (NASD), New York Stock Exchange (NYSE), US Congress
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