Compensation
Compensation
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Black-owned OneUnited is getting grief for its depiction of the abolitionist on a debit card; the bank plans $4.5 billion in cost cuts, with 35,000 jobs cut.
February 18 -
"To wake up one day and assume everyone in America is going to be above average at math and above average rational is crazy," says Ethan Bloch, whose app is designed to help people achieve financial health.
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The inspector general also said high turnover at the chief information officer position has limited the agency's ability to modernize its technology.
February 14 -
Gene Foley joined Harvard University Employees CU as a teller in 1979 and has been CEO since 1994.
February 14 -
Section 705 FCU, originally chartered to serve postal employees, has a new chief executive following the retirement of its longtime CEO.
February 14 -
The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control.
February 13 -
Elizabeth Warren, Sherrod Brown and three other Democrats asked nonbank lenders to ensure they comply with fair-lending laws following a report suggesting they charge higher rates to those who have attended historically black or predominantly Hispanic colleges.
February 13 -
Connie Roy plans to retire from the Louisiana-based institution this fall after two decades at the helm.
February 13 -
Authorities looking into Barclays CEO’s dealings with Jeffrey Epstein; controversial pick Judy Shelton, critics charge, would jeopardize Fed independence.
February 13 -
Humanidei and the African-American Credit Union Coalition have committed to the goal of at least 30% racial and gender diversity in the C-suite within the next 10 years. It will take more than just lip service from the rest of the movement.
February 13