Diversity and equality
Diversity and equality
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If banks reached the same market penetration among U.S. customers of Latin American descent that they have among white Americans, they could tap an additional $155 billion in annual revenue, according to new research from the consulting giant McKinsey.
December 12 -
More than half of those elevated to the senior role were women or people of color, marking the fourth consecutive year that historically underrepresented groups made up the majority of the class.
December 11 -
Bakhshi looks back on her nearly four-decade career and reflects on what has changed in the industry over the years.
November 30 -
The banking industry needs to seriously grapple with the potential — for good and for ill — that generative AI presents for its future.
November 30 -
The number of women CEOs at top-50 banks will soon fall to one with the departure of Kelly Coffey from the top job at City National Bank. The recent trend line shines a light on the industry's shallow bench of women in C-suite roles.
November 22 -
In a lawsuit, Ardith Lindsey claimed that, despite cultivating a gender-inclusive public image, the bank knowingly tolerated a "locker room" environment.
November 20 -
Los Angeles-based Lendistry — in less than two years — became the largest Black-run 7(a) lender. Its CEO credits a concerted effort by the Small Business Administration to reach out to minority lenders and businesses, whose participation in the lending program is growing.
November 9 -
Citigroup didn't admit any wrongdoing in its settlement of allegations by regulators that employees denied credit cards to people in Southern California suspected of being of Armenian origin.
November 8 -
Investing in website accessibility isn't just the right thing to do. It also makes good business sense.
November 2 -
Customers cite a large mix of reasons for why they do or do not trust specific financial institutions.
November 1