Nathan Place

4 days ago | americanbanker.com | Nathan Place

For bank CEOs last year, the pay raises were bigger at the smaller institutions. In 2024, chief executives at banks with between $10 billion and $50 billion of assets got an average pay bump of 24.1%, according to a study of 59 banks by Compensation Advisory Partners. That was almost double the rate at banks with more than $50 billion of assets. The average raise for the CEOs of those larger banks was 12.4%.

5 days ago | today.westlaw.com | Nathan Place

For bank CEOs last year, the pay raises were bigger at the smaller institutions. In 2024, chief executives at banks with between $10 billion and $50 billion of assets got an average pay bump of 24.1%, according to a study of 59 banks by Compensation...

1 week ago | americanbanker.com | Nathan Place

Canada's largest bank increased its provisions for credit losses more than 50% in its most recent quarter, as executives prepared for a potentially tariff-hobbled economy. In the three months that ended April 30, net income for the Royal Bank of Canada was 4.39 billion Canadian dollars ($3.17 billion), short of analysts' average estimate of CA$4.54 billion according to S&P. Diluted earnings per share were CA$3.02, below S&P estimates of CA$3.09.

1 week ago | today.westlaw.com | Nathan Place

Canada's largest bank increased its provisions for credit losses more than 50% in its most recent quarter, as executives prepared for a potentially tariff-hobbled economy. In the three months that ended April 30, net income for the Royal Bank of...

1 week ago | americanbanker.com | Nathan Place

Fluctuating tariffs are taking a measurable toll on U.S. companies, posing challenges for commercial bankers. A new survey by HSBC found that most American corporations are already facing higher expenses as a result of tariffs, and they expect further increases. Seventy-two percent said their operating costs are higher due to the new levies, and 77% said they expect those costs to keep climbing between now and the end of the year.