JPMorgan Chase is eliminating 400 positions in its mortgage banking unit, the latest lender to trim staff as a result of lower-than-expected demand in 2018.

Diane Schumaker-Krieg, the global head of research, economics and strategy at Wells Fargo and a mainstay on American Banker's list of the Most Powerful Women in Finance, plans to step down at the end of the year.

Mary Mack, the head of consumer banking at Wells Fargo, said Thursday the San Francisco bank has made significant progress in fixing its culture after a series of scandals over the past two years.

At American Banker's annual Most Powerful Women in Banking gala on Thursday evening in New York, honorees urged the industry to promote more women and people of color.

Barbara Byrne, a lifetime achievement award winner, says the pace of adding diversity to C-suites must increase quickly.

Watch American Banker's Most Powerful Women in Banking and Finance gala, which was recorded live on Oct. 4 at Cipriani Wall Street in New York City.

Currently, the vast majority of bank tellers are female and most don’t earn a living wage.

Senate Democrats on Wednesday called for acting CFPB Director Mick Mulvaney to reveal the vetting process that led to the hiring of a political appointee whose past incendiary writings have caused an uproar at the agency.

Members of the American Credit Union Mortgage Association will receive discounted access to most of the Mortgage Bankers Association's training products.

For her trailblazing career on Wall Street, Byrne will be honored on Thursday at American Banker’s Most Powerful Women in Banking gala in New York.

Otting says the bank is not moving fast enough to repay customers who were unfairly sold auto insurance; lack of regulation lets traders use software to move prices.

It should come as no surprise that Meera Clark would gravitate to ventures like Morgan Stanley's Multicultural Innovation Lab, which pairs venture capital with founders from diverse backgrounds. After all, her mother, Ranjana Clark, is a disruptive trailblazer of her own at MUFG.

The head of the National Treasury Employees Union said the appointment of Eric Blankenstein to a senior role “reflects poorly on CFPB management.”

Early-morning meetings and other managerial decisions can disproportionately impact working mothers unless bank executives take notice.

The House Financial Services Committee is examining sexual harassment charges against FHFA director Watt. American Banker reporter Hannah Lang offers her take.

Eric Blankenstein, a political appointee overseeing fair-lending policy at the agency, said in an email to staff that his blog posts from 14 years ago that used a racial epithet “reflected poor judgment.”

Joseph Whitaker will take over as president and CEO of SkyOne Federal Credit Union later this month.

Among the three measures is a requirement for boards of publicly traded firms to include more women.

Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here's an overview of the changes, along with a recap of the top team winners. Plus, #MeToo plays out on Capitol Hill, as Mel Watt and Brett Kavanaugh get congressional hearings, and Murphy Brown returns.

Geoff Johnson will have a broader strategic role at the CUSO and will interact with the board more.