Banks Hike Caps on Directors’ Pay Hoping to Fend Off Lawsuits

Over the past two years, a growing number of U.S. banks has capped their directors’ earnings, but the ceilings are so high that they primarily serve to fend off potential shareholder litigation rather than control the pace of pay increases. …

from News – Insurance Journal http://ift.tt/2bHLbSF
via IFTTT