trending Market Intelligence /marketintelligence/en/news-insights/trending/FPJ8JRTiMuqAh4JC50f5EA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

BofA shareholders oppose proposal on clawback amendment for executive pay

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


BofA shareholders oppose proposal on clawback amendment for executive pay

said that 94%of shareholders voted against a shareholder proposal to amend a general clawbackfeature on the company's executive compensation program.

Theamendment sought to set aside a substantial portion of the executive officers' annualcompensation to be deferred and forfeited, to pay for any financial penalty arisingfrom a violation of the law.

Meanwhile,shareholders approved the management advisory proposal on executive compensation.