Committees : Governance
A board is essentially a social entity whose culture is a reflection of its purpose and composition.
Bankers can learn a lesson from Boeing’s recent decision to split the role of chairman and CEO.
The recent court case, Marchand v. Barnhill, should remind directors of what is required to fulfill their duty of loyalty and their responsibilities.
Joining a bank board doesn’t have to be a confusing experience for new members. Here are some practical takeaways for creating thoughtful, educational onboarding programs.
Large institutional investors, proxy advisory firms and legislators are beginning to put significant focus on board diversity.
Boards need to ensure they exercise meaningful oversight of a bank’s relationships with fintech partners.
Community bank boards can address the all-important need to plan for the CEO’s successor with a few simple steps.
The Subchapter S election gives banks significant economic benefits, but that could be jeopardized in a sale by poor recordkeeping.
It goes without saying that bank executives and directors should strive to learn more about banking. But what should they read to do so?
Community bank directors don't have to approve loans. Yet, more than three-quarters of executives and directors say their board is involved in the process.