Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night.

JPMorgan Chase promoted 117 employees to managing director in its corporate and investment bank, with women representing a little more than a quarter of the total (a record percentage), a person briefed on the changes said.

The Raleigh, N.C.-based institution said it also has more than 500 employees.

Credit unions have elected new board members and named new branch managers while other employees were recognized for their dedication.

The bank is investing more in its digital capabilities, according to The Cincinnati Enquirer.

Credit unions are helping students pay for college with scholarships in addition to getting involved in their communities in other ways.

Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.

At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.

The current compensation rule, which was last updated more than two decades ago, is confusing, industry experts said.

The cold, hard truth of bank mergers is that rivals often steal top producers and convince customers the bigger bank won’t care about them anymore. The CEOs of the merging banks explain their retention efforts.