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    1. The Fed’s Drive for Moral Leadership in Bank Boards

      The Fed’s Drive for Moral Leadership in Bank Boards

      The directors of financial institutions in the United States should be on high alert after a surprise move by the Federal Reserve. On Feb. 2, the regulator slapped a harsh penalty on Wells Fargo, the third-largest bank by assets, for its board’s inadequate oversight of ethical and legal risks in the company. Until the bank improves its governance and replaces some board members, it will not be allowed to grow in total assets...

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    2. Duke Energy CEO Gets Hefty Pay Raise 1 Year After Massive Coal Ash Spill

      Duke Energy CEO Gets Hefty Pay Raise 1 Year After Massive Coal Ash Spill

      Duke Energy's board of directors has voted to bump CEO Lynn Good's salary above $1.2 million, calling her performance 'exemplary' just a year after a Duke coal ash spill filled 70 miles of a North Carolina river with toxic heavy metals. In this April 2, 2014 file photo, Duke Energy president and CEO Lynn Good gestures as she speaks to a business group during a luncheon in Charlotte, N.C. Good is getting a raise a year after the country's largest electric company confronted a coal ash spill that coated 70 miles of a North Carolina ...

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