Guest Post: Adam J. Epstein is a NACD Board Leadership Fellow, the small-cap contributing editor to Directorship magazine, and advises small-cap boards through his firm, Third Creek Advisors. He is the author of The Perfect Corporate Board: A Handbook for Mastering the Unique Challenges of Small-Cap Companies (McGraw-Hill, 2012). A version of this article first […]
Tag Archives | banks
2013 Millstein Forum – Keynote Speaker: Sheila Bair
James McRitchie, 09/02/2013 ,
The following are cryptic notes and a photo taken at the 2013 Millstein Forum held June 24 & 25 at Columbia Law School. Be sure to check out the Forum’s photo gallery. I was probably paying more attention to my table-mates than the speaker but decided to post my note and an extensive interview conducted by Bill Moyers. BofA wasn’t […]
Video Friday: FDIC's Virtual Directors' College Program
James McRitchie, 07/19/2013 ,
Corporate Governance Presentation from the FDIC’s video series entitled the Virtual Directors’ College Program – This presentation reviews corporate governance principles that are vital to a director’s role in setting the direction of the bank. (more…)
Reasonable Compensation: We Propose a Role for Investors in Taking on the Income Inequality Challenge
James McRitchie, 03/12/2013 ,
The following is a guest post by Michelle de Cordova, Director, Corporate Engagement & Public Policy, NEI Investments. The article originally appeared on the NEI Investments website and is reproduced here with permission from both the author and the firm. NEI Investments (NEI) is a mutual fund company that “makes excellent, independent portfolio managers accessible to Canadian retail investors through […]
Corporate Directors Forum: Day 1, Part 2
James McRitchie, 02/13/2013 ,
Below are some relatively quick notes I took at the Corporate Directors Forum 2013, held on the beautiful campus of the University of San Diego, January 27-29, 2013. See materials, Corporate Directors Forum 2013: Bonus Session, and Corporate Directors Forum 2013 – Day 1, Part 1. The program was subject to the Chatham House Rule, so there will be little in […]
Video Friday: What's Inside America's Banks?
James McRitchie, 01/11/2013 ,
I recently got an e-mail from Frank Partnoy about his co-authored cover story in the Atlantic magazine Jan/Feb issue – just posted here. He and Pulitzer Prize-winning reporter Jesse Eisinger ask “What’s Inside America’s Banks?” (more…)
Finance Watch
James McRitchie, 10/07/2012 ,
The year old public interest association, Finance Watch, has become a regular at Brussels regulatory events and was described recently as “influential” by the Financial Times. That’s a great start for their ambitious program with its mission to make finance serve society. Wouldn’t that be nice? (more…)
United States of America v. Carollo, Goldberg and Grimm: Mafia Tactics on Wall Street
James McRitchie, 07/07/2012 ,
Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won’t hear the recent financial corruption case, United States of America v. Carollo, Goldberg and Grimm, called anything like that. If you heard about it at all, you’re probably either in the municipal bond business or married […]
Video Friday: Keep Wall St. Occupied
James McRitchie, 11/04/2011 ,
If you can’t occupy Wall Street, you can at least keep Wall Street occupied. Help Occupy Wall Street–and get rid of junk mail while you do it, using those handy “business reply” envelopes that show up unwanted at your doorstep. The idea is to “keep Wall Street occupied” by organizing a mass movement of consumers to […]
Bank Pay Worse?
James McRitchie, 11/29/2010 ,
According to a soon to be released report by The Corporate Library for CII, some financial firms actually rewarded executives after the crisis with “massive salary increases,” including four Wells Fargo & Co. officials who saw their base salary at least triple from 2008 to 2009, according to the report. Wells Fargo, Citigroup Inc. and […]
Banking Pay
James McRitchie, 10/04/2010 ,
Sanjai Bhagat and Brian J. Bolton study the executive compensation structure in the largest 14 U.S. financial institutions during 2000-2008 for their paper, Investment Bankers’ Culture of Ownership? Their results are mostly consistent with and supportive of the findings of Bebchuk, Cohen and Spamann (2010), that is, managerial incentives matter – incentives generated by executive […]
Banking on Governance
James McRitchie, 04/08/2010 ,
Leverage and Risk in US Commercial Banking in the Light of the Current Financial Crisis (available from SSRN) by Christian C.P. Wolff and Nikolaos I. Papanikolaou examines the relationship between leverage and risk in US commercial banking market. From their abstract: Our findings indicate reliably that both on- and off-balance-sheet leverage contributes to (systemic) risk, […]