The dual role of chairman and
CEO at financial institutions has been under scrutiny since the financial crisis.
Not exact matches
Dave McKay will replace RBC
CEO Gord Nixon in August, assuming control of Canada's largest, and most profitable,
financial institution at a pivotal time.
In August, Dave McKay will replace current
CEO Gord Nixon, assuming control of Canada's largest — and most profitable —
financial institution at a pivotal time.
«We found that a
financial institution's asset size has a direct correlation to what it charges for overdraft fees — the larger the asset size, the heftier the fee to checking account holders,» Michael Moebs,
CEO and economist
at Moebs $ ervices, wrote in a release last month.
Adam Back,
CEO of Blockstream, says when the team first started out it wasn't clear that banks and
financial institutions would be interested in blockchains
at all.
Second, seek legislation requiring that if a federally insured
financial institution is required to pay fines to or settlements with any regulatory agency aggregating more than $ 2.5 billion in any two year period based on conduct that, if established, would constitute a crime under any law, then the
CEO, President, and all Board members must step down, disgorge all of the bank's stock they own, and they are disqualified from holding any office
at any federally - insured
institution for the rest of their lives.
And it's not just the
CEO's
at financial institutions who find themselves
at risk if they fail to expect the unexpected.
Adam Back,
CEO of Blockstream, says when the team first started out it wasn't clear that banks and
financial institutions would be interested in blockchains
at all.
«We are committed to making sure customer funds are always secure and this update means that our e-money operations have safeguards and operational standards
at par with other regulated
financial institutions,» explains
CEO Feroz.