Two big names in crypto are cutting jobs as the digital currency market continues to spiral downward.

Black employees at Citi in the category that includes midlevel managers jumped to 777 from 633 a year earlier.

The names of two Goldman Sachs Group executives mentioned in years-old internal complaints won’t be made public in one of Wall Street’s biggest gender discrimination lawsuits.

A recent survey indicated banks and other firms continue to grapple with the cybersecurity challenges of remote work. To defend their data, they’re looking far beyond the traditional VPN.

Federal prosecutors in Manhattan are investigating the bank over allegations that it conducted so-called fake interviews with nonwhite and female job applicants, The New York Times reported Thursday.

Despite high inflation and a tight labor market, median compensation at certain banks hasn’t budged much, according to a new report from a left-leaning group. “We can give people a more fair reward for their labor,” one of the co-authors said.

The lender’s minimum wage will rise to C$20 per hour in Canada and $20 in the U.S. in July, and the bank is committing to raise those figures to C$25 and $25 by the end of 2025, according to a statement from CEO Victor Dodig on Thursday.

A new study has found that Black and Hispanic borrowers are denied conventional mortgages at higher rates than white applicants and pay up to $2,000 more to refinance.

The nonprofit First Step Alliance is working to launch Diverge Federal Credit Union, which plans to offer loans to cover the costs of gender affirmation surgery for individuals and adoption for same-sex couples.

The products MSU Federal Credit Union in Michigan is developing for transgender and nonbinary members also appeal to international and indigenous people, who often go by names that don't match their birth certificates.

Bank of Montreal hired Piyush Agrawal from Citigroup as chief risk officer to succeed Patrick Cronin, who’s stepping down later this year.

JPMorgan Chase CEO Jamie Dimon and Bank of America Vice Chairman Paul Donofrio were among the high-level executives who last year received multimillion-dollar retention payments. The awards — sometimes known as “golden handcuffs” — were driven by the most competitive job market in recent history.

Canada’s banks expanded their workforces last quarter at the fastest pace in almost four years, braving a historically tight labor market to bolster their sales staffs and technology operations.

The chief executives of KeyCorp, Comerica, Cullen/Frost, First Republic and Bank of America all received pay bumps of between 31% and 64% in 2021. Here's a look at the industry's top-10 finishers.

Staff at major banks and some of the world’s biggest technology giants are increasingly leaving for fintech startups, new analysis shows. 

Citigroup plans to hire more than 4,000 tech staff to help move its institutional clients online in the wake of the pandemic.

Total direct compensation for the chief executives at large and midsize banks rose by 21.5%, up from a 5% increase in 2020, according to a new analysis. Strong earnings growth and a hot stock market were key factors.

CEO Bill Demchak said Thursday that the banking industry has become a "political football," and that lawmakers lack the "backbone" to make broader decisions on climate change and various social issues.

There is a gaping hole in the financial system in North Minneapolis, where people are preyed upon by payday lenders and fringe bankers, according to Debra Hurston, executive director of the Association for Black Economic Power. Hurston is creating a credit union for this community to help break residents out of a cycle of exploitation and debt. But the issue is far bigger than one city, and the opportunity is one that any bank or credit union can seize.