ABA Proposes Improvements to Executive Compensation Proposal
In a comment letter to six federal financial regulatory agencies today, ABA raised numerous concerns about the agencies’ proposed incentive-based compensation rule.
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ABA Supports Bill Slowing Overtime Rule Implementation
ABA today wrote to Rep. Kurt Schrader (D-Ore.) in support of his Overtime Reform and Enhancement Act, which would provide a gradual, three-year phase-in for the Department of Labor’s controversial overtime rule.
Agencies Begin Accepting Diversity Self-Assessments
The Office of Management and Budget has approved the federal banking agencies’ voluntary diversity self-assessment, the agencies said in a Federal Register filing.
SEC Working on Board Diversity Disclosure Proposal
Securities and Exchange Commission staff are working on a proposed rule that would require public companies to include in their proxy statement “meaningful disclosures” of the race, sex and ethnicity of their board members and board nominees, SEC Chairman Mary Jo White said in a speech yesterday.
How Bank Startups Build Leaders
Beyond the economic implications of the de novo drought, the lack of bank startups will have profound effects on future banking industry leaders.
Lessons from the Worst Job I Ever Had
Bankers share leadership lessons learned from the worst jobs they’ve ever had.
ABA Repeats Call for Congress to Block Overtime Rule
ABA today wrote to the House Small Business Committee urging Congress to block the Department of Labor’s final overtime rule from taking effect.
ABA Calls for Congress to Block Overtime Rule
ABA today urged members of Congress to block the Department of Labor’s final overtime rule from taking effect.
IT Skills Shortage Poses Major Challenges for CIOs
Chief information officers noted a shortage of talent in new technologies as their greatest organizational challenge, according to the annual Harvey Nash/KPMG CIO Survey released last week.
ABA Issues Free Staff Analysis of Overtime Rule
ABA has posted a members-0nly staff analysis of the Department of Labor’s final overtime rule, which changes the tests for determining which employees are exempt from overtime pay under the Fair Labor Standards Act. The analysis summarizes the rule changes, which take effect Dec. 1, and suggests next steps to help banks implement them. The overtime