Diversity and equality
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The Financial Services Committee also announced the head of a
newly created subcommittee on diversity and inclusion.January 24 -
With a permanent director confirmed, the agency should take steps to establish a small-business data collection rule mandated by the Dodd-Frank Act.
January 23 -
Citi is the first to share its unadjusted pay gap and lays out its goals for improvement. Bankers will be getting to know the progressive female freshmen who are storming D.C. a lot better. Plus, lots of fintech people moves and Gillette's take on toxic masculinity.
January 18 -
During the National Credit Union Administration's monthly meeting on Thursday, Chairman J. Mark McWatters noted that the agency was making progress on hiring more women and minorities.
January 17 -
Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.
January 17 -
The new chair of the House Financial Services Committee has an ambitious set of priorities, but newly elected progressives could set up a conflict with more moderate Democrats on the panel.
January 16 -
The bank also reported that, among its U.S. employees, people of color earn 7% less than their white colleagues.
January 16 -
Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.
January 11 -
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.
January 9 -
Pay for female staff at HSBC's U.K. business fell further behind male colleagues' in the last year, according to new figures from the London-based bank.
January 8 -
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.
January 7 -
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.
January 7 -
The accounts — which eschew paper checks and overdraft protection — appeal beyond the low-income customers they were intended for; lenders are embracing artificial intelligence systems to analyze more data to determine creditworthiness.
January 4 -
The Lafayette, La.-based credit union was accused of firing an employee who complained about a training video with racially offensive content.
December 26 -
As the U.S. undergoes a dramatic demographic shift, credit unions must be proactive to ensure their employees represent the communities they serve.
December 21 -
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.
December 20 -
Analysts say cooperatives have a chance to lead the way in creating more inclusive workplace cultures, but some institutions may forget to ensure their boards reflect their expanding membership.
December 11 -
From partnering with like-minded organizations to holding town halls, here are experts' suggestions for how credit unions can craft volunteer boards that break the stereotype.
December 11 -
There's a growing consensus that if credit unions want their institutions to reflect growing diversity among their membership base, significant changes will also need to take place at the board level.
December 10 -
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.
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