With first quarter earnings in the rear view mirror, big banks shifted their focus to annual shareholder meetings, which were rather eventful this year.

Unsurprisingly, the The Charlotte Business Journal reported that Wells Fargo & Co.’s gathering in Des Moines, Iowa Tuesday had the most fireworks.

San Francisco-based Wells Fargo (NYSE: WFC), the Philadelphia region’s largest bank by deposits, came under fire in light of its ongoing scandals, wherein 3.5 million accounts were created without…

LendingTree Inc. Chief Executive Douglas Lebda saw a 3,157% increase in total compensation in 2017, according to a filing with the Securities and Exchange Commission.

Lebda’s compensation for 2017 totaled at $59.59 million, a $57 million increase from the previous year. His option awards compensation increased to $57.36 million in the fiscal year 2017, up from $207,621 in 2016. Lebda’s base salary for the fiscal year was $639,231, up from his 2016 base salary of $600,000.

The company notes…

It was a busy week for Austin's venture capital scene, especially for the two companies that accounted for more than 90 percent of the fundraising haul.

Shareholders at Ameriprise Financial Inc. voted by a large margin against the company's executive-compensation plan last week, showing strong dissatisfaction with how the Minneapolis financial company rewards its top executives.

The Star Tribune reports on the vote, which was nonbinding but was a big change from past years, when Amerprise's executive pay plans easily passed muster with investors. This year, though, its 2017 compensation plan was rejected by 75 percent of voting shareholders.

In…

It’s official: Evans Bank N.A. wants to open its next branch inside the Main Court Building in downtown Buffalo.

Two days after an incomplete legal notice in the Buffalo News prematurely revealed the address, a complete legal notice with a proper date was published April 28 in the classified advertisements.

Pending regulatory approval, the office on the second floor of 438 Main St. would be the bank’s 15th location and first in the city’s central business district. Currently, Evans has…

Fifth Third Bancorp has hired a partner and department chair at Dinsmore & Shohl to eventually become its next chief legal officer.

Fifth Third (Nasdaq: FITB), Cincinnati’s largest locally based bank and the nation’s 13th biggest, has brought in Susan Zaunbrecher as executive vice president and senior legal adviser.

It hired her as part of a succession plan to replace Jelena McWilliams as Fifth Third’s chief legal officer. McWilliams is being considered by the Trump administration to chair…

PNC Senior International Economist Bill Adams believes tight labor is a sign of a strong economy, expects wages to rise and outlines how businesses are getting the labor they need.

The top executive of Financial Institutions Inc. – the parent company of Five Star Bank – received an executive pay package last year that was 23 times more than the annual total compensation paid to the company’s median employee.

According to a regulatory filing, president and CEO Martin Birmingham received a package worth $1.2 million in 2017. That’s an increase of 14.4 percent compared to $1 million awarded in 2016.

While Birmingham’s pay topped $1 million for the second year in…

Charlotte, North Carolina-based Bank of America (NYSE: BAC) is Greater Baltimore's largest bank with $20.2 billion in local deposits as of June 2017, according to the Federal Deposit Insurance Corp.