Senior leaders may say that they want to hear bad news, but that doesn’t mean lower-level employees are eager to share it with them.

At a conference on corporate culture, Wells Fargo’s board chair explained why problems tend to fester longer at larger institutions.

The Credit Union National Association elevated three longtime employees to more senior titles and duties.

Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves.

Starling's Anne Boden and Mastercard's Ann Cairns have a similar warning for the banking and tech sectors. Facebook scolds activist investor Natasha Lamb for being "not nice." And some big Most Powerful Women moves, as Catherine Keating takes a new CEO job and Kathie Andrade exits TIAA.

To be future-proof, banks need data scientists, behavioral psychologists, experienced designers and community advocates, Brett King says.

Even with the decline, the nation's largest bank still employs a higher percentage of black employees in the U.S. than its rivals.

From recognizing those who are dedicated to building up the industry to rewarding special expertise, credit union advocates earned top honors.

The Israeli-owned company, which spent the last half-decade addressing stagnation, is open to acquisitions or going public.

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.