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Citigroup earned the lone "A" on an investment firm's scorecard that measures companies' commitments to closing the pay gap between men and women. Goldman Sachs was one of four banks to receive an "F."
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The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.
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America's banks could largely weather a major housing downturn, a new Federal Reserve Bank of San Francisco analysis finds, and that includes thousands of smaller lenders that typically have higher exposure to real estate.
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As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.
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The Office of the Comptroller of the Currency has promoted Maryann Kennedy to oversee about 800 OCC examiners who supervise the largest banks.
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Joe Christian, executive vice president of operations, will take the helm at Albuquerque-based Nusenda Credit Union after CEO Terry Laudick stepped down.
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Jumia Technologies AG said Mastercard Inc. has agreed to invest 50 million euros ($56 million) in a private placement ahead of the Africa-focused online retailer’s planned initial public offering in New York.
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Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.
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Restaurant point of sale and back-office management provider Toast raised $250 million in a Series E funding round, valuing the company at $2.7 billion, and is adding David Yuan from TCV to its board of directors.
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Here’s a look at some of the most recent philanthropic initiatives from credit unions across the country.
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