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If financial firms are serious about incorporating gender and ethnic diversity into their leadership teams, they need to encourage women to apply for promotions and implement more flexible work schedules.
January 29
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The Basel Committee's revisions to banks' risk disclosure requirements should help investors glean more meaningful information, thereby allowing them to impose market discipline on less creditworthy institutions.
January 29
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President Obama is urging Congress to pass The Personal Data Notification & Protection Act as one of a handful of new initiatives to better secure personal information from cybercriminals.
January 29
Oberthur Technologies -
The federal courts have instated a $25 fee for transferring corporate bankruptcy claims. The decision was met with little fanfare but it could pave the way to a financial transactions tax.
January 28
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Critics of online alternative lenders argue that their underwriting models are unproven and that a financial crisis could bring the whole industry crashing down. But while Lending Club and other startups may be relatively new to the scene, they're no greenhorns.
January 28
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E-commerce retailers generally target the 80 million millennial shoppers because they are more likely to buy things online and spend more money online than other demographics.
January 28
2Checkout -
A spate of recent account closings at churches and charities suggests that Operation Choke Point and other de-risking directives are causing collateral damage to faith-based organizations.
January 27
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The traditional method of measuring mortgage denials is fundamentally flawed. Evaluating not just the quantity but also the quality of mortgage applicants can give a clearer picture of actual denial rates.
January 27
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The Federal Reserve appears to have looked at Bitcoin as a potential set of rails for real-time payments in the banking system but shelved the concept for now.
January 27
American Banker -
The Fed appears to have looked at Bitcoin as a means for real-time payments in the banking system but shelved the concept for now.
January 26
American Banker