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Corporate Governance


Former CFO of Bank of America Barred for 18 Months From Serving as Officer or Director of a Public Company

April 25 - New York Attorney General Eric T. Schneiderman has announced a $7.5 million settlement with Bank of America Corporationís former Chief Financial Officer, Joe L. Price, regarding the bankís...


Small Banks Stall in Basel III Progress

April 9 - Although the balance sheets of most banks have improved dramatically over the past few years, larger institutions have progressed in complying with Basel III capital standards much...


Comptroller of the Currency Kicks Off Symposium Marking 150 Years of National Banking

March 31 - Comptroller of the Currency Thomas J. Curry opened a conference commemorating the 150th anniversary of the Office of the Comptroller of the Currency  by pointing to the important role...


Are Bank Directors and Officers Protected by the Business Judgment Rule? Not Necessarily

Bank directors and officers may be held to a different standard of care from the directors and officers of other business corporations, leaving their actions without the protection of the business...


Engagement and Independence Make the Difference

Outside directors play a vital role in the success of any community bank. Together with bank management, successful community banks depend on directors who are informed, engaged, proactive and...


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