Diversity and equality
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House Democrats described the disparate impact standard as "the most important tool" for enforcing the Fair Housing Act.
November 22 -
Bank of America says in a 23-page report that it has boosted the percentage of women and people of color among senior management and hired thousands of people from low- and moderate-income communities.
November 21 -
The CFPB has promised an equal-access rule for small-business lending for nearly a decade. But Apple’s recent discrimination inquiry into its credit card could force the agency’s hand.
November 21 -
The Boise-based credit union is the fourth institution in the Northwest to receive the recognition.
November 20 -
Allegations of gender bias are the tip of the iceberg of a very big problem that faces artificial intelligence and goes far beyond the financial services sector, says Temenos' Hani Hagras.
November 18 -
The FDIC and the Fed have yet to sign on to the plan; this year’s managing director class includes fewer overall, but a higher percentage are women.
November 15 -
The male-dominated finance industry is missing out on more than $700 billion a year in revenue by failing to listen to or tailor products for women, according to the management consultancy Oliver Wyman.
November 11 -
The New York State Department of Financial Services is opening a probe into Goldman Sachs' credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card's algorithms.
November 10 -
Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.
November 8 -
The regulator’s inaugural event on equity and inclusion highlighted the personal and professional but also veered into addressing hurdles credit unions face regarding this issue.
November 7 -
There are several steps bankers can take to help create an environment that supports women in tech, an area historically dominated by men.
November 6 -
By understanding how bias becomes embedded in how we lead, recruit and advance others, we can change patterns and create inclusive organizations, says Wnet's Lisl Dutterer.
November 5 -
The National Credit Union Administration is hosting an event on equality and inclusion, which will include industry leaders discussing best practices for embracing these ideals.
November 4 -
Women should be offered tailored career development programs.
October 31 -
Women need to take charge of their own networking events.
October 29 -
Division is making progress, helped by a rise in branded credit cards; about 200 bankers in agriculture and energy lending let go in recent months.
October 28 -
Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing.
October 25 -
Citigroup promoted Jane Fraser to president, its second-highest post, making her a likely candidate to succeed CEO Michael Corbat and someday become the first woman to run one of the largest U.S. banks.
October 24 -
Arleas Upton Kea shares her 30-year journey to become the first African-American woman to serve as deputy to the FDIC chairman and chief operating officer.
October 24 -
A federal judge says the agency can’t issue national bank charters to fintechs; Facebook’s CEO will state his case at a House hearing.
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