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Bank Director gets a question from a reader about the appropriateness of a “single trigger” such as a change of control that results in a large payout for executives of the bank.
A recent court case reaffirms the powers of regulators to deny certain compensation payments for troubled banks, making clear how important advance planning is.
You might be surprised to find out what’s in your change-in-control agreements and how it could affect a potential sale of the bank.
The IRS doesn’t like “golden parachutes” for public company executives. Here is what to do about the rules.
The contracts that protect executives in the event of a change-in-control are no longer the same. Nowadays, everything from tax gross-ups to triggers are under scrutiny.
An information resource for senior executives and directors of financial institutions.
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