Compensation
Compensation
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The male-dominated finance industry is missing out on more than $700 billion a year in revenue by failing to listen to or tailor products for women, according to the management consultancy Oliver Wyman.
November 11 -
John Rhea has served as president and CEO of the Georgia-based institution for 11 years.
November 11 -
The New York State Department of Financial Services is opening a probe into Goldman Sachs' credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card's algorithms.
November 10 -
Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.
November 8 -
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The regulator’s inaugural event on equity and inclusion highlighted the personal and professional but also veered into addressing hurdles credit unions face regarding this issue.
November 7 -
Margaret Hunnicutt, the institution's current former CFO and currenet CEO, will retire in January and be succeeded by the credit union's current chief financial officer.
November 7 -
Credit unions recently made new hires and promoted employees in areas such as human resources, finance and membership development.
November 7 -
Clear communication is critical when banks undergo a leadership or operational change.
November 7 -
While layoffs at big banks get the headlines, small and midsize lenders are also trimming payrolls in response to lower rates and fears that a recession is getting closer.
November 6 -
There are several steps bankers can take to help create an environment that supports women in tech, an area historically dominated by men.
November 6 -
By understanding how bias becomes embedded in how we lead, recruit and advance others, we can change patterns and create inclusive organizations, says Wnet's Lisl Dutterer.
November 5 -
Trade groups from several different states honored industry leaders while many individual institutions have announced recent personnel moves.
November 5 -
Businesses scaled back investment plans in the third quarter, but consumers continued borrowing; the bank now plans to raise its minimum wage to $20 in 2020.
November 5 -
The National Credit Union Administration is hosting an event on equality and inclusion, which will include industry leaders discussing best practices for embracing these ideals.
November 4 -
Bank of Montreal's push into the U.S. has proved fruitful for its employees — and challenging for a company seeking to get its expenses under control.
November 4 -
Year to date through Jun. 30, 2019. Dollars in thousands.
November 4 -
Full-time equivalent, as of Jun. 30, 2019. Dollars in thousands.
November 4 -
JPMorgan Chase and Amazon.com have begun testing the new health care venture they're developing with Warren Buffett's Berkshire Hathaway, rolling out some of the new offerings to employees in a handful of states.
November 1 -
Three low-income credit unions who are minority depository institutions will be mentored by three larger institutions through the program.
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