Workforce management
Workforce management
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A headline-grabbing 2022 lawsuit alleging racial bias by home appraisers has been quietly dismissed for lack of evidence. At the same time, the Trump administration is rolling back many of the policy changes involving home appraisals that the Biden administration put in place.
August 12 -
The bank is hiring Aashish Dhakad from Ares Management Corp. to become head of private credit origination for North America.
August 4 -
A huge percentage of Americans, particularly Gen Z and millennials, score poorly on financial literacy tests, with predictable consequences. AI-powered agents would help empower them.
July 25 -
First Northwest Bancorp is parting ways with CEO Matt Deines "by mutual agreement," the Port Angeles, Washington-based company said. Deines' departure comes a month after a hedge fund sued, alleging the lender was complicit in a Ponzi scheme.
July 10 -
The megabank announced it would invest $16 million to grow its footprint in the North Carolina banking mecca.
July 9 -
The U.K. regulator clarified that such behavior at financial firms could ultimately lead to a ban from the sector.
July 2 -
The insights of frontline employees can be invaluable tools for improving a bank's operations. It's up to executives to get out of the office and listen to what they have to teach them.
June 30 -
Many young people begin their journey into adulthood without a solid grounding in the basics of personal finance. Banks and other financial institutions are in a unique position to provide that knowledge.
June 25 -
Since the end of COVID, each bank has set its own rules for how often employees need to show up at the office. Here's how a dozen lenders are handling the shift.
June 24 -
Chief Executive Officer Georges Elhedery was aiming for $1.5 billion in annual cost savings, but HSBC is forecasting hundreds of millions in extra real estate costs as it considers asking more of its employees to work from an office.
June 23 -
Under the bank's current system, individual managers have the freedom to set their own in-office staffing rules based on their business requirements.
June 18 -
Opposition is growing to the Trump administration's efforts to roll back fair lending requirements for lenders imposed by Biden-era prosecutors.
June 16 -
Bank of Nova Scotia's plans will start in September, as the Canadian bank cites a push for more collaboration.
June 9 -
The 5-year-old experiment of tying executive compensation to achieving diversity goals appears to be ending. The abrupt shift comes amid the Trump administration's crackdown on DEI.
June 4 -
The CEOs of smaller regional banks received fatter bonuses last year than their big-bank counterparts, possibly thanks to low performance expectations at the smaller banks after the 2023 banking crisis.
June 2 -
The question of when the CEO would retire and who might succeed him has hung over JPMorganChase for years.
June 2 -
Three current and former employees of the New York City-based bank allege that executives made racist comments, misused corporate money and retaliated against protected complaints.
May 29 -
What does a movie about managing an unruly honky-tonk bar have to do with banking? When it comes to setting examples for corporate culture, maybe a lot more than you think.
May 27 -
"There were four layers between me and the senior managers of the products and like 14 layers across the organization, which is too much for an organization that needs to be agile," David Velez said.
May 22 -
Breaking into a new industry can be daunting, especially in a field as complex as banking. Here's how experts recommend getting started.
May 19





















