Gender discrimination

Agencies like Fincen and Finra that use machine learning must pay close attention to potential bias in supervisory algorithms, especially with data on women and minorities.

Christine Lagarde, the head of the International Monetary Fund, refuses to attend any meetings in which she would be the only woman; Sallie Krawcheck says the fact that women still are paid less than men is partly the fault of society at large; and more in this week's WIB Scan.

The company intentionally submitted inaccurate borrower information overstating the number of white applicants, the consumer bureau alleges in a consent order.

We must challenge ourselves with transparency by neutralizing gender-specific language in company job advertisements to reach a more diverse pool of candidates and drive responses, writes Nicole Baxby, an account director at Featurespace.

In the MeToo era, financial firms the world over are struggling to handle complaints of sexual harassment. A case in point: HSBC.

Citigroup earned the lone "A" on an investment firm's scorecard that measures companies' commitments to closing the pay gap between men and women. Goldman Sachs was one of four banks to receive an "F."

In a post to a social networking site, Rachel Pross, chief risk officer at an Oregon institution, described unwanted touches and inappropriate comments by male executives and directors at the event.

HSBC's new head of global markets is encouraging a speak-up culture, months after his predecessor left the bank amid a misconduct claim from a junior female employee.

Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave.

The Securities and Exchange Commission rejected the banks' arguments that the proposals amounted to shareholder micromanagement and that they have made ample disclosures.

Arjuna Capital is filing shareholder proposals with 11 financial and tech companies to uncover median gender pay gaps, which it said would determine if more women are concentrated in lower-paying jobs.

The largest banks are expected to soon receive requests to appear before the House Financial Services Committee; banks taking steps to curb scams.

The bill would require at least one gender diverse and one racially or ethnically diverse candidate to be interviewed for Fed regional bank president vacancies.

A Financial Services subcommittee planned by Democrats to root out discrimination and expand financial inclusion could put institutions on the hot seat, but it could also foster regulatory relief.

A Financial Services subcommittee planned by Democrats to root out discrimination and expand financial inclusion could put banks on the hot seat, but it could also foster regulatory relief.

An accusation of sexual discrimination plays out in court for BNP Paribas; Jeffries’ top execs chastise Wall Street men over #MeToo paranoia; blockchain startup loses Blythe Masters; and RBS might make history with a female CEO-CFO duo.

Men on Wall Street take a cue from Vice President Mike Pence in refusing to dine one-on-one with women; Coinbase adds fertility benefits; and the CFPB has a new leader. Plus, Bank of America's Katy Knox gets promoted.

Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one of our Best in Banking honorees.

The majority of credit unions are run by women, according to a recent study, but that positive news doesn't paint the full picture.

There’s an argument to be made that those who have experienced bias—be they women or any other underrepresented group—are likely to have developed some distinctive qualities in response, writes Karla Friede, CEO of Nvoicepay.