Company Search

In recent years, companies from Intel Corp. to CenturyTel Inc. collectively have moved hundreds of millions of dollars of obligations for executive benefits into rank-and-file pension plans. This lets companies capture tax breaks intended for pensions of regular workers and use them to pay for executives' supplemental benefits and compensation. Read More

As public scrutiny of Wall Street pay intensifies, one bank has already decided what it will award in bonuses to its top seven executives this year: nothing. Read More

Politicians from all sides rounded on the state-supported Royal Bank of Scotland yesterday as the row intensified over the failed bank's apparent determination to share £1bn of bonuses among staff. Read More

Business jet makers reeling from the US political attack on some of their highest profile corporate high fliers are being forced to make drastic cuts in production and jobs in the face of the deepening global recession. Read More

More than 90% of Royal Bank of Scotland shareholders voted against the bank's pay and pensions policy at its annual general meeting in Edinburgh. RBS does not have to make any changes as a result, saying it was a "substantive" protest at Sir Fred Goodwin's £703,000 a year pension. Sir Philip blamed RBS's difficulties on its acquisition of the Dutch bank ABN Amro in 2007. Read More

Surely one of the most amusing developments of the 2000 presidential election campaign is the emergence of Billionaires for Bush (or Gore). Read More

On Friday the U.S. House of Representativs passed a high-visibility bill to give shareholders and federal regulators a stronger hand in curbing excessive or risky executive compensation. Industry groups such as the National Association of Manufacturers opposed the bill as an overreach into private business decisions. Read More

Major U.S. banks and securities firms are on pace to pay their people about $145 billion for 2009, a record sum that indicates how compensation is climbing despite fury over Wall Street's pay culture. Read More