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Wells Fargo and JPMorgan Chase recently avoided shareholder votes tied to their use of arbitration clauses in sexual harassment cases. But socially conscious investors say the issue is likely to flare up again elsewhere and that banks would do well to address a wide range of gender equity matters head on.
March 2 -
Authorities looking into Barclays CEO’s dealings with Jeffrey Epstein; controversial pick Judy Shelton, critics charge, would jeopardize Fed independence.
February 13 -
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 -
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 -
Simone Grimes had alleged former FHFA Director Mel Watt made inappropriate advances toward her and she was paid less than the man who had previously held her position.
September 27 -
The former Fox News host told credit union leaders they risk becoming a casualty of the #MeToo movement if they fail to update their sexual harassment guidelines.
September 9 -
State regulator Ron Rubin had been asked to resign in May over a sexual harassment complaint, but he attempted to fight the allegations.
July 25 -
The bank is having trouble finding an outsider and acting chief Allen Parker has impressed the board; the former Chicago mayor will join Centerview Partners.
June 6 -
Florida Gov. Ron DeSantis is attempting to sort out allegations of sexual harassment against the state's banking commissioner and counterclaims of a political setup.
June 5 -
Ronald Rubin was asked by the state’s chief financial officer to resign after a review of an inspector general’s report detailed allegations of sexual harassment. Instead, Rubin is countering with accusations against the CFO.
May 29 -
State officials are looking into a sexual harassment complaint filed against Ronald Rubin, Florida's recently appointed top banking regulator.
May 11 -
In the MeToo era, financial firms the world over are struggling to handle complaints of sexual harassment. A case in point: HSBC.
April 12 -
American Banker won 11 journalism awards during the past week, including its first Grand Neal, the highest of the honors announced at this year's Jesse H. Neal business journalism awards.
April 2 -
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.
March 22 -
The $35 billion deal could create "a global payments giant"; with the number of community banks dropping as low as 5,477, it may be time for new ones.
March 18 -
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.
March 15 -
Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. bank might get a female CEO.
February 21
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Former FHFA Director Mel Watt attempted to coerce an agency employee to engage in a romantic relationship with him, according to an inspector general report.
February 15 -
Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.
January 11 -
The two allegedly helped to defraud a Malaysian sovereign wealth fund; Michelle Bowman is expected to bring a Main Street perspective to the central bank.
November 2














