Diversity and equality

Bank of America has agreed to pay a multimillion-dollar sum to settle a defamation claim brought by former executive Omeed Malik, who was fired by the bank earlier this year, according to a person familiar with the matter.

CU executives are taking the reins at one corporate credit union, plus more news of new hires, promotions and accolades at CUs across the country.

A Chicago bank isn't afraid of taking on competitors that spend billions on technology. A state regulator is afraid of giving fintech startups too much latitude. Yet another one of our Most Powerful Women retires. Plus, blockchain's leading ladies, the fallout from a big political upset and a tool to help you stop apologizing.

The Democratic congresswoman said the department under Secretary Ben Carson has turned "its back on its mission."

From the new business lending officer at one credit union to the controller at another, plus special recognition and more.

Rep. Cedric Richmond, D-La., the CBC's chair, requested with a meeting with the comptroller of the currency to "enlighten" him about discrimination in banking.

Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves.

Starling's Anne Boden and Mastercard's Ann Cairns have a similar warning for the banking and tech sectors. Facebook scolds activist investor Natasha Lamb for being "not nice." And some big Most Powerful Women moves, as Catherine Keating takes a new CEO job and Kathie Andrade exits TIAA.

Even with the decline, the nation's largest bank still employs a higher percentage of black employees in the U.S. than its rivals.

As these up-and-coming leaders continue to move up through the ranks, some could be heading for the corner office.

The bank’s joint initiative with CFSI awards capital to firms trying to address issues that the startup teams personally experienced.

Financial institutions have spent time and money to try to make their branches and digital services more accessible, but Fifth Third and TD Bank are among employers working with the nonprofit Project SEARCH to meet an overlooked need: finding jobs for young people with autism and other cognitive challenges.

Black workers are now down to about one in 10 U.S. employees inside Citigroup, according to 2017 figures in a report published on its website.

It may not have the digital buzz of fintech, but it can do more to transform how your members see you the moment they walk in the door.

A broader cross-section of hires and added training could help financial institutions avoid problems with algorithm-based discrimination in lending.

Bankers to British royalty are not so decorous. Aussies play the (gender) blame game, after AMP fiasco. NYSE's Stacey Cunningham could be standing on a cliff. And, what’s with the men of "Arrested Development"?

With all the attention around more women running for office, women's marches, and the #MeToo movement, there is growing demand for investment options that support women too, says Veris' Luisamarie Ruiz Carlile.

A host of women in the credit union industry recently garnered new positions and awards .

The CFPB is looking to rescind Obama-era policy that allowed it to punish banks and financial firms for unintentional discrimination.

Even as Jamie Dimon touts the female leadership at his company, it lags in one key area. But JPMorgan women are making strides in particular with blockchain initiatives, and Amber Baldet finally shares what she is working on. Plus, heels or flats?