Compensation
Compensation
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More than half of Toronto's population is foreign-born — a higher proportion than New York, Paris, London or Sydney — and about 52% identify as a visible minority. But the city's diversity fades in the upper echelons of its financial firms.
June 24 -
Nick Darvill, who is currently president of the credit union service organization, will take over as CEO when Jim Gallagher retires from that position.
June 24 -
It's imperative that financial services firms find ways to ensure all Americans have access to the banking services necessary to thrive.
June 24 -
Banks are beginning to emphasize soft skills to help employees make “human” connections with customers in an environment of reduced face-to-face contact.
June 23 -
The pandemic and the Black Lives Matter protests have changed the way banks interact with their customers, communities and employees. Here's how.
June 23 -
The number of credit unions serving as minority depository institutions continues to decline, but those CUs often focus on rural and under-served communities, a priority for NCUA Chairman Rodney Hood.
June 23 - WIB scan
Funds from a certificate of deposit at Berkshire Bank will help fuel lending to minority-owned small businesses. Mellody Hobson explains why merely "working on diversity" is not good enough. And Wells Fargo ties compensation to progress on diversity targets.
June 22 -
JPMorgan Chase, Fifth Third, Truist among banks closing early to observe Juneteenth; inside the OCC's effort to extract $37.5M from former Wells Fargo execs; banks are at a loss what to do with record amount of funds; and more from this week's most-read stories.
June 19 -
The credit union regulator has outlined a multiple step plan to return employees to normal operations.
June 19 -
How the mortgage and housing industries react to the current civil rights moment could shape policies and bridge the homeownership divide for the Black community.
June 19 -
Navy Federal Credit Union, United Heritage Credit Union, Truliant Federal Credit Union and others are giving employees time off on Friday to observe the holiday that celebrates the end of slavery.
June 19 -
A blueprint that includes more CRA and tax credits for lower-income African Americans would help a demographic disproportionately harmed by the coronavirus pandemic.
June 19 -
As the U.S. celebrates Juneteenth, it's imperative that credit unions find ways to ensure all Americans have access to the banking services necessary to thrive.
June 19 -
As the U.S. celebrates Juneteenth, it's imperative that credit unions find ways to ensure all Americans have access to the banking services necessary to thrive.
June 19 -
The Pittsburgh-based company said the funds will be used to support community development, minority-owned businesses and charitable organizations that work to promote social justice.
June 18 -
From hiring to health care, Vice Chair Anne Finucane shares details about Bank of America’s pledge to address vital needs in minority communities.
June 18 -
The North Chesterfield, Va.-based institution joins a list of banks that are also closing to commemorate the end of slavery.
June 18 -
The coronavirus-induced recession has broadened the addressable market for early wage access, and that's drawing investors such as PayPal and Salesforce CEO Marc Benioff, who just poured a fresh funding round into Even.
June 18 -
Firms won’t have to repay their loans even if they don’t rehire all their laid off workers; Fed chair confirms the shortage is due to the coronavirus but is easing as the economy reopen.
June 18 -
The bank is encouraging staff to take the day off Friday to commemorate the end of slavery, but intends to keep branches open.
June 17

















