Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55381241
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Janet Yellen, the Federal Reserve chairwoman, congratulating Jerome H. Powell, a Fed governor, at his swearing-in ceremony in 2014. Mr. Powell is head of the board’s bank oversight committee. Credit Federal Reserve Board

The Fed Wants to Make Life Easier for Big-Bank Directors

by Gretchen Morgenson | Aug 18, 2017 | Business

Amid reports last Thursday that Stephen Sanger, chairman of the Wells Fargo board, may step down in the coming months, all eyes are on the bank’s directors and their oversight of the troubled institution. While some Wells Fargo shareholders are urging the bank’s...

Media ID: 55354520
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A sign marks the headquarters of State Street Bank in Boston, Massachusetts May 18, 2009. REUTERS/Brian Snyder

Investors Get Stung Twice by Executives’ Lavish Pay Packages

by Gretchen Morgenson | Jul 15, 2016 | Business

It’s a frustrating fact of life for many mutual fund investors: Even if they’re distressed by outsize executive compensation at public companies whose shares they indirectly own, chances are good that the votes cast by their investment managers actually encourage...

Media ID: 55351723
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A sign that marks the Macy’s store is seen at the Herald Square location in New York. Photo, Reuters

U.S. Analysis: Companies Hiring More Women Pay Higher Salaries

by Gretchen Morgenson | May 31, 2016 | Lifestyle & Culture

New York-Appointing more women to corporate boards has long been viewed as a good thing for a company’s performance and for society as a whole. However, gender diversity among directors carries another benefit, 2015 proxy filings showed a bigger paycheck for the...