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Results: 1-10 of 12

Must financial institutions choose between pay for performance and avoiding compensation plan designs that may incentive risk taking?

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • April 29 2013

"Regulators Get Banks to Rein In Bonus Pay" read the headline on an article on page 1 of The Wall Street Journal last Tuesday. This article is among

Federal judge approves settlement of litigation against Lehman Brothers without requiring contributions from the personal assets of executives and directors

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • July 18 2012

We have been closely following the recent explosion of litigation against executives and officers

Still more compensation limits for financial institutions

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • July 9 2012

In June, another significant development occurred with respect to executive compensation at financial institutions, which I previous noted in a very short blog

Barney Frank introduces bill to prohibit insurance policies against compensation clawbacks at financial institutions

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • June 1 2012

Ever since I blogged on the availability of insurance to protect executives from compensation clawbacks, reporters, seminar attendees and others ask me for more information on these policies

Warning: FATCA filing requirements and penalties may apply to you (or your employees)

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • April 4 2012

FATCA, the Foreign Account Tax Compliance Act, may impose significant penalties on U.S. taxpayers holding "foreign financial assets" with an aggregate value exceeding $50,000 who fail to file a Form 8938 with the IRS by April 17, 2012

Testimony before the Senate Banking Committee

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • February 15 2012

Today, I testified before the Senate Banking Committee, Subcommittee on Financial Institutions and Consumer Protection, on executive compensation at financial institutions

The Fed releases an important paper on risk and incentive compensation

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • October 10 2011

Last week, the Board of Governors of the Federal Reserve System published a white paper, titled "Incentive Compensation Practices: A Report on the Horizontal Review of Practices at Large Banking Organizations."

Independent legal counsel provisions of the Dodd-Frank Act ; part 2

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • September 21 2011

Clearly Dodd-Frank Act Sec. 952(b) does not require a Compensation Committee to retain separate legal counsel

FDIC finalizes rules for the recoupment of compensation from executives of failed financial institutions

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • July 18 2011

I previously blogged on the FDIC's proposed rules on March 16, 2011, so I wanted to follow-up on the final rules, which the FDIC published in Federal Register, Friday, July 15, 2011

FDIC proposes rules for the recoupment of compensation from executives of failed financial institutions

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • March 16 2011

On Tuesday, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a Notice of Proposed Rulemaking (NPR) to clarify application of the orderly liquidation authority contained in Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act, "Orderly Liquidation Authority" (OLA