Compensation
Compensation
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The investment bank is raising its return on equity target following a record earnings year; Democrat lawmakers say JPMorgan's response on racial discrimination questions was inadequate.
January 17 -
In the year since it voluntarily disclosed its own data, Citigroup has shown an improvement in its median pay for female and minority employees, the firm said Wednesday.
January 15 -
A shrinking industry and inadequate succession planning – particularly at smaller credit unions – is likely to increase competition for top talent and make executive recruitment even more challenging in the year ahead.
January 15 -
President Trump's impeachment trial could get underway in the Senate this week, making it even harder for the movement's legislative priorities to gain traction.
January 13 -
New legislation in Congress seeks to do away with a data-collection mandate that addressed discrimination in business lending. The repeal measure has the support of two bank industry groups based in Washington.
January 10 -
Marcus and the Apple credit card accounted for 3% of the bank’s profit in the first three quarters of 2019, despite a multibillion-dollar investment in consumer operations; the senator’s plan would make it easier to expunge debt.
January 8 -
The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.
January 7 -
Some banks and fintechs have already introduced pet-friendly policies in the office. Here are five reasons why it works.
January 7 -
Andy Kempf has taken the helm from David Leusink, who retired after 30 years in the credit union movement.
January 7 -
David Frazier will take the helm of the Dallas-area institution in February.
January 7 -
Laurie Baker, a 25-year veteran of the credit union, will take the helm next month after longtime CEO Mike Vadala retires
January 6 -
The institutional clients group will add the jobs in New York, London, Shanghai and several other cities across the globe.
January 6 -
Banks had the highest turnover of chief compliance officers among the 100 largest financial services firms in the world, according to a recent study. Recruiters say that’s a function of changing job demands, high pressure and poaching by fintechs — plus old-fashioned demographics.
January 3 -
Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.
January 3 -
Courtney Fifield, a longtime staffer at Athol Credit Union, was recently appointed president and CEO.
December 31 -
The Tampa-based credit union will start the new year with a new CEO, as Robert Fisher retires after 29 years at the helm.
December 31 -
Financial institutions should fully disclose their board composition to begin tackling diversity problems at the top.
December 31 -
Intense scrutiny from poker-faced CEO Charlie Scharf is prompting executives at the bank to ponder their units’ strategies — as well as what’s in store for their own careers.
December 27 -
Morgan Stanley is the latest firm to make a year-end efficiency push, eliminating about 1,500 jobs, according to people familiar with the matter.
December 27 -
From new growth strategies to courts, Congress and the industry's own #MeToo moment, here's a look back at some of the year's biggest moments.
December 27




















