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Amalgamated Bank (AMAL) has issued an announcement.
Amalgamated Financial Corp. awarded significant stock bonuses to its top executives, including the CEO, CFO, and Chief Banking Officer, with values ranging from $125,000 to $750,000. These awards, vested over three years, aim to retain key leaders amid a tough period in the banking sector. Additionally, the Corporation’s Board updated their Bylaws to align with new universal proxy rules, enhancing the governance framework in line with regulatory changes.
See more insights into AMAL stock on TipRanks’ Stock Analysis page.
