Compensation
Compensation
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Questions surrounding Eric Blankenstein, a senior CFPB official whose racially charged writings from over a decade ago have led to calls for his resignation, have been referred to the agency's watchdog.
October 16 -
Financial institutions can take a few easy steps to ensure their leadership is more representative of their customer base, including looking outside of the industry for talent. Women and people of color are not that hard to find.
October 16 -
Parents with small children often don’t know about college savings accounts, according to U-Nest founder Ksenia Yudin.
October 16 -
Women in the pipeline get some attention from a room full of top banking industry executives celebrating the Most Powerful Women rankings. California is the first to impose a quota requiring companies to increase the number of women on boards, and the Fortune 500’s newest female CEO starts today.
October 15 -
College prospects cite the financial crisis as one reason they are passing on community bank jobs to join fintechs.
October 15 -
A sullied reputation and frustrations with bureaucracy have driven some advisers to the competition.
October 12 -
Companies founded by women receive significantly less than the venture capital available to all U.S. firms, but trends are improving for all startups this year, including for women-owned fintechs.
October 12 -
Readers react to an argument about reining in banker pay, weigh the push for raising the minimum wage, respond to Wells Fargo getting back into the private-label securities market and more.
October 11 -
The uproar over the incendiary writings of a Consumer Financial Protection Bureau official have led to calls for his removal, but the agency’s interim chief says he won’t “let any outside group dictate who works here.”
October 11 -
A growing number of the top lawyers at major financial institutions are women. What’s it going to take to get other departments to follow suit?
October 11 -
Promoting diversity must go beyond putting women in the C-suite. It’s about creating products and practices that help support and elevate those who tend to be overlooked.
October 10 -
Another round of credit union promotions, appointments, new hires and more.
October 9 -
Elliot Gregg, who led the institution for almost 20 years, will serve as president emeritus until his retirement in January.
October 9 -
Despite a mandate in the Dodd-Frank Act, policymakers have not yet finalized a rule reforming excessive pay on Wall Street.
October 9 -
A first-time chief executive will take the helm of the Texas-based credit union next month.
October 5 -
Credit union boards need to spend more time on formal CEO succession planning.
October 5 -
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.
October 5 -
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.
October 5 -
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.
October 5 -
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.
October 5






















