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Study: CEOs make too much money
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Jen Rogers, Myles Udland and Brian Cheung of Yahoo Finance discuss CEO compensation.
A new report argues that U.S. bank CEOs are paid too handsomely for otherwise lackluster performances.
Analysts from UK-based Aktis, a data platform that tracks bank governance, looked at compensation for bank CEOs at the largest European and American banks and concluded that European banks “seem to have aligned pay and performance more effectively” than their American counterparts.
Aktis looked at 22 global systemically important banks (or G-SIBs) and measured CEO pay against their respective banks’ return on average assets — a commonly used ratio to assess the profitability of a bank’s balance sheet. Aktis also measured pay against net interest margin (NIM), the difference between interest earned on loans against interest paid on deposits.
..Description of the video goes here..
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Connect with Yahoo Finance:
A new report argues that U.S. bank CEOs are paid too handsomely for otherwise lackluster performances.
Analysts from UK-based Aktis, a data platform that tracks bank governance, looked at compensation for bank CEOs at the largest European and American banks and concluded that European banks “seem to have aligned pay and performance more effectively” than their American counterparts.
Aktis looked at 22 global systemically important banks (or G-SIBs) and measured CEO pay against their respective banks’ return on average assets — a commonly used ratio to assess the profitability of a bank’s balance sheet. Aktis also measured pay against net interest margin (NIM), the difference between interest earned on loans against interest paid on deposits.
..Description of the video goes here..
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Connect with Yahoo Finance:
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