Compensation
Compensation
-
Regional lenders would be subject to less regulation while the biggest banks would see no change; the insurance giant got hit with claims from several large natural catastrophes.
November 1 -
Mark Fierro, an 18-year veteran of the credit union service organization, will hold down the fort following Bret Weekes’ departure.
October 31 -
One of the country’s 50 largest banks hires a female CEO, making JPMorgan Chase’s Kelly Coffey only the third woman in that exclusive club. Bank of America’s Michelle Moore exits the workforce. And sexual harassment prompts a walkout at Google.
October 31 -
Trade associations and other industry groups are partnering with universities and colleges to create more degree programs and special courses that prepare young people to work for banks — especially small ones.
October 29 -
Christian Sewing calls out the German bank's senior managers for using rumors of a merger with Commerzbank to excuse poor performance; banks in China begin using smartphones to pick up on lie-detecting facial tics.
October 29 -
With desirable merger partners hard to find, some credit unions are starting to look well beyond their home base.
October 29 -
Sarah Vega had accepted an offer to lead the four-state credit union league but has chosen instead to stay on as chief of staff to NCUA Chairman Mark McWatters.
October 26 -
Appointments, promotions and accolades from across the credit union movement.
October 25 -
Hope Hardison, Wells Fargo's chief administrative officer since 2015, and David Julian, its chief auditor since 2012, have both been removed from the bank's operating committee and begun leaves of absence in the latest fallout from the bank's phony-accounts scandal.
October 24 -
Former Elevations Credit Union COO Jay Champion will take the helm at Westerra when CEO John McCloy retires in December.
October 24 -
Victor Miguel Corro, a former WOCCU staffer, has taken the helm at Coopera following Miriam De Dios Woodward's move to PolicyWorks.
October 24 -
Goldman Sachs’ Heidi Cruz takes some flak for comments she made in an interview about her other job — as the wife of U.S. Sen. Ted Cruz. Goldman's Dina Powell turns down a chance to be the next Nikki Haley. And a lawsuit against the American Bankers Association calls it a “boy’s club.”
October 23 -
A new analysis of mortgage data demonstrates how default rates, not just approval and decline rates, can be used to evaluate findings of unfair treatment in lending.
October 23 -
The gap in attitudes and outlook on gender inclusion is wide enough that women and men in financial services often have entirely different takes on gender in the workforce, with men much more likely to have an outsized positive view on progress in gender inclusion.
October 22 -
At Barclays' fintech accelerator, this year's class has fresh takes on personal financial management, recruiting and trade finance.
October 21 -
A former employee of the banking trade group is accusing some of its executives of allegedly creating a “boy’s club” atmosphere that discriminated against women and minorities on staff.
October 21 -
A look at the latest promotions, appointments and hirings at credit unions across the country.
October 19 -
With higher entry-level pay becoming more common, credit unions must determine whether to follow the lead of the select employer groups they serve.
October 19 -
Readers react to efforts to improve bank branches, weigh the Consumer Financial Protection Bureau's decision to pull back on enforcing the Military Lending Act, consider efforts to build finetch sandboxes and more.
October 18 -
Despite obstacles that keep women from being equally represented in the boardroom, there are steps they can take to close the gap.
October 18


















