Diversity and equality

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.

Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.

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.

The bank also reported that, among its U.S. employees, people of color earn 7% less than their white colleagues.

Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.

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.

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.

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.

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.

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.

The Lafayette, La.-based credit union was accused of firing an employee who complained about a training video with racially offensive content.

As the U.S. undergoes a dramatic demographic shift, credit unions must be proactive to ensure their employees represent the communities they serve.

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.

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.

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.

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.

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.

Regulators are considering reforms to the Community Reinvestment Act, but it’s not clear that the law is needed anymore.

Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one of our Best in Banking honorees.

Minorities are still charged more for mortgages when all other applicable credit factors are equal — both in person and online, according to a new study by the University of California, Berkeley.