Deferred Pay Draws Fed’s Scrutiny
Wall Street Journal (subscription required)
Mark Williams, School of Management
U.S. banks and securities firms would have to step up their compensation disclosures under rules being considered by the Federal Reserve, said a person familiar with the central bank’s regulatory efforts…
Expert quote:
“The lack of data on deferred compensation has benefited top-paid U.S. bankers and disadvantaged otherwise concerned shareholders.”
