Equifax observed an increasingly well-worn ritual of scandal-ridden firms by jettisoning CEO Richard Smith: apologize, promise to do better in the future, and sacrifice your top executive in the hopes it will ward off action by Congress and regulators.
The island's largest bank has reopened a portion of its branch network while rushing cash to ATMs and consoling clients and employees in the first week of recovery from Hurricane Maria. But it and other banks are likely months away from normal operations.
Jia Chen has spent the past two years meeting clients, speaking at industry panels and becoming the face of a resurgent market for synthetic CDOs. Along the way, she's helped establish Citigroup as its dominant player.
Brett King talks about diversity in fintech with Anouska Streets, head of engineering at Finkit, a unit of digital banking software company Monitise; and Colleen Wilson, founder and CEO of consulting firm Collaborate Chicago.
New York State Department of Financial Services
The Fearless Girl sculpture represents much to many. For Maria Vullo, superintendent of the New York State Department of Financial Services, it is a reminder of herself as a girl finding her voice and as an adult using her voice to fight for what she believes is right.
In our Most Powerful Women rankings, you'll read about a lot of impressive female leaders. But there are still more standouts we'd like to introduce you to. These five offer proof that big changes are possible in just a short time.
The Consumer Financial Protection Bureau’s final rule on arbitration clauses may be bad news for alleged corporate wrongdoers like Equifax and Wells Fargo, but surely for the victims of such wrongdoing — and for consumers, generally — it is good news indeed.