Special Program Root Tag

The staff at the Securities and Exchange Commission is working on a proposal to amend the current diversity disclosure rule to require more specificity, including information on the race, gender and ethnicity of board members and nominees. Here's why.

These 25 leaders are using their influence to make banking — and their communities — better.

Among the impressive women you'll want to keep an eye on moving forward are: two new female CEOs at top-40 banks; Mary Mack, who'll now oversee consumer banking at embattled Wells Fargo; and community bank CEOs Mary Anny Scully and Karen Glenn.

Women are arguably even more outnumbered in the upper ranks of finance than in banking, and the executives on this list stand out not only for their performance but for their work to help create a path to parity.

Lisa McDougald, the deputy general counsel at the $222 billion-asset BB&T in Winston-Salem, N.C., and Leon Holschbach, chief executive at Midland States Bancorp, a $3 billion-asset company in Effingham, Ill., were appointed to the board this summer.

We haven't heard from Carrie Tolstedt yet, but she has been in the spotlight all week, as seemingly everyone wants an explanation from Wells Fargo. JPMorgan Chase puts even more focus on digital channels, and Politico has a piece on the opportunities fintech offers women, especially female bankers, with a caveat. Also, the B of A bros' club suit has been settled.

Wellesley Bancorp in Massachusetts has appointed New England banking veteran Kathryn Hinderhofer to its board.

Metropolitan Commercial Bank in New York has a new chief financial officer.

MUFG Union Bank has named a head of private wealth management for its northern California and Pacific Northwest region.

The subprime auto lender Santander Consumer Holdings USA has made two key leadership moves as it faces ongoing accounting problems.

Washington is hopping with news this time around. It's been a blistering week for Wells Fargo, and Maxine Waters, Carolyn Maloney and Elizabeth Warren are among those using scathing rhetoric about the bank to try to kill Dodd-Frank reform efforts. Speculation is that both presidential candidates are looking to Silicon Valley to fill key posts in their administration, and talk of Sheryl Sandberg as Treasury Secretary is growing louder. Also, check out the "amplification" strategy women in the White House are using to help their voices get heard at important meetings.

Washington Federal in Seattle has named Erin Lantz, a general manager of mortgages at Zillow Group, to its board. Lantz, 37, worked at Bank of America from April 2003 to 2010, eventually serving as senior vice president of program management.

Pilot Bank in Tampa, Fla., has recruited Rita Lowman, the chief operating officer of C1 Bank in St. Petersburg, Fla., to be its COO.

With prolonged low interest rates, Centric Bank is targeting niche groups while eyeing ways to poach customers from recent sellers in Pennsylvania.

Camden National in Camden, Maine, is uniting its trust and bank units to form a wealth management division.

A likely sale of CIT Group's aircraft unit (and a whole lot of other stuff) is keeping Ellen Alemany busy, a former Wall Street banker talks about big data as a financial weapon of mass discrimination targeting women and the poor, and First Busey shows how investing in employees pays off. Also, TIAA's Kathie Andrade, Deloitte's Cathy Engelbert and (to spice things up) Victoria Beckham.

CIT Group's likely sale of its aircraft unit would reduce it to just above the threshold for systemically important financial institutions. Some analysts and investors want CEO Ellen Alemany to downsize the commercial lender further.

Meta Financial Group in Sioux Falls, S.D., has promoted Cynthia Smith, its head of technology and operations, to chief operating officer.

Laura Oberst will take over as Wells Fargo's head of business banking at yearend.

Scott Conway's resignation from the $292 million-asset bank took effect Aug. 29, according to a regulatory filing issued on Thursday by the bank's holding company, Farmers Capital Bank Corp. in Frankfort, Ky.