Financial services companies tend to push out older employees. That’s a mistake, both because of the loss of institutional knowledge and because it’s older bankers who can build the best rapport with boomer customers.

Canadian Imperial Bank of Commerce Innovation Banking hired Ryan Enriquez from JPMorgan Chase as executive director, part of an expansion of the unit’s New York office.

Citigroup is looking to hire 100 people as part of a new push into digital assets inside its institutional business, according to a person familiar with the matter.

Bankers say they're putting up with behavior from entry-level workers that never would have been tolerated in the past because it's so hard to fill positions. Those compromises can undermine corporate culture.

Recruiting from competitors can be hard to pull off, and it won't create more equity in the industry. Some of the Best Banks to Work For are finding ways to develop, support and promote women who are already on the payroll.

Goldman Sachs Group is expanding its private-banking team in London as it builds out operations targeting the world’s ultrawealthy.

Adelphi Bank in Columbus, Ohio, would be just the nation’s fourth depository with a predominantly African American board of directors. “The hope is that we change lives,” said Jordan Miller Jr., who would serve as president and CEO.

Morgan Stanley is introducing an initiative to draw more young people from diverse backgrounds to the finance industry, furthering its outreach efforts a week after appointing to the bank’s board its first woman of color.

Several of Barclays PLC’s top shareholders have raised concerns about the terms of Jes Staley’s departure, as the fallout from his abrupt resignation continues to spread.

Now that dispersed workforces are expected to be the long-term norm, banks are taking steps to maintain a sense of teamwork and giving managers new training in troubleshooting.