Compensation
Compensation
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Talk about a #MaleFail: how shining a light on harassment could have unintended consequences for women in financial services. The New York Fed is dealing with a backlash of its own. Chief marketing officers like Citi’s Jennifer Breithaupt are playing an important role in product development. Also, new initiatives target bias on Slack and in Shakespeare.
March 30 -
Several credit unions make key hires at the "chief" level in finance, marketing, business development and more.
March 29 -
Policies to shore up banks’ corporate cultures have remained a low priority even though some regulators want to attack the issue head on. Strengthening a firm’s ethical values may best be left to a bank’s internal brass.
March 29 -
Doug Martinez succeeds John Walling, who spent 39 years at the helm.
March 29 -
Mark Begor, a former long-time GE Capital executive, faces lots of challenges as the credit bureau recovers; CEO dismisses “widespread rumors” that the bank wants to replace him.
March 29 -
The North Carolina-based credit union will increase its starting pay to more than double the federal minimum wage.
March 28 -
Which industries have the highest prevalence of unwanted sexual conduct in the workplace? Will the #MeToo movement have a lasting impact? Key findings from a SourceMedia survey.
March 28 -
It’s tough enough to grapple with sexual harassment in the workplace. It’s more complex when clients are involved.
March 28 -
Traditional financial institutions would gain from adopting the innovative, consumer-focused mindset Amazon promotes. Hiring executives away from the e-commerce giant could help.
March 28 -
Senator is concerned about the San Francisco Fed chief’s track record; the gaps at three big banks are among the largest.
March 28 -
Optimism that the #MeToo movement will have a positive influence is high among bankers who participated in a recent survey on sexual harassment. But there is also concern that it could lead to gender discrimination in hiring and mentoring.
March 27 -
Alaska USA shakes up its operations, NuMark recognizes top employees and more new hires, promotions and honors.
March 27 -
In an interview with American Banker, the outgoing president of the Federal Reserve Bank of New York discussed changes in supervision, bank culture and his advice to his successor.
March 27 -
Bank of America pays female staff in Britain 28.7% less on average than male employees, according to a report released Tuesday.
March 27 -
Morgan Stanley also reported a wide disparity in gender pay, reflecting the greater proportion of men in top executive posts.
March 27 -
Payouts on Wall Street averaged $184,000, following only 2006’s record high; ethics office eying $500 million of real estate loans made to Trump son-in-law.
March 27 -
The departing New York Fed president said Monday that the banking industry should improve its culture, better aligning pay with long-term stability.
March 26 -
The Federal Reserve is facing a backlash over its lack of diversity in key positions after it emerged this weekend that John Williams, the current president of the San Francisco regional branch, is a front-runner to succeed William Dudley as head of the powerful New York Fed.
March 26 -
Luckily for Amazon, the OCC is no longer “the angry dad on the porch with a shotgun," trying to keep tech companies from hooking up with banks. JPMorgan Chase’s Amber Baldet can pack a room for a lesson on blockchains. And it is the end of catcalls in France.
March 23 -
Senate Democrats accused Housing and Urban Development Secretary Ben Carson and his agency of failing to enforce fair housing laws.
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