Compensation
Compensation
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The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control.
February 13 -
Elizabeth Warren, Sherrod Brown and three other Democrats asked nonbank lenders to ensure they comply with fair-lending laws following a report suggesting they charge higher rates to those who have attended historically black or predominantly Hispanic colleges.
February 13 -
Connie Roy plans to retire from the Louisiana-based institution this fall after two decades at the helm.
February 13 -
Authorities looking into Barclays CEO’s dealings with Jeffrey Epstein; controversial pick Judy Shelton, critics charge, would jeopardize Fed independence.
February 13 -
Humanidei and the African-American Credit Union Coalition have committed to the goal of at least 30% racial and gender diversity in the C-suite within the next 10 years. It will take more than just lip service from the rest of the movement.
February 13 -
A study by the House Financial Services Committee on the industry’s efforts to hire and promote more women and minorities has sparked a dispute over whether banks should have to be more transparent about those efforts.
February 12 -
Wells is thought to be the first big U.S. bank to allow harassment victims to go to court instead of arbitration. An investment firm that advocates for progressive causes claimed credit for the policy change.
February 12 -
It could take a while to achieve those goals – more than half of credit union boards don’t have term limits for directors, the report showed.
February 12 - Louisiana Medicaid plan launches telehealth effort
Healthy Blue of Louisiana plans to provide its members with access to medical and behavioral healthcare via telehealth.
February 11 -
The presidential hopeful wants to mirror a German policy that allows employees of large corporations to vote for board members. Here’s why that won’t fly in the U.S.
February 11