Workplace

A fired employee of Royal Bank of Canada was charged with cyberstalking and making death threats against at least four female ex-colleagues.

Voyager Digital won a bankruptcy judge's permission to pay $1.6 million in bonuses to employees deemed critical to the insolvent crypto lender's future.

Credit Suisse Group is shifting resources in the pursuit of business from a broader range of rich clients, as the lender focuses more on wealth management amid cuts to its troubled investment bank. 

Goldman Sachs Group faces a June 5 trial in a long-simmering gender-bias class action alleging the bank discriminated against thousands of women in pay and promotion.

The layoffs appear to be focused on the company's bank subsidiary, according to the San Antonio Express-News. USAA declined to provide any details on the job cuts.

At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving.

For a government agency that prefers to move gradually, the change at the top has come fast, thanks in large part to increased pressure in the wake of a national reckoning around diversity. But it has also fallen short in some ways.

Conversations with about a dozen Credit Suisse dealmakers, traders, financiers and wealth advisors depict a unit girded for a reckoning.

To meet the growing demand, banks are faced with a choice of hiring, reskilling or outsourcing.

Zayzoon says that by providing up to half of workers' paycheck early, its clients' employee turnover fell 29%and recruiting rose 79%.

Younger and more diverse leaders may better represent the local community. But bringing new people into the board room requires persistent and targeted outreach.

Record fines that the world's biggest investment banks are expected to pay in the coming months reflect years of frustration among U.S. regulators that their investigations were being hampered by unmonitored messaging among bankers.

Royal Bank of Canada is asking employees to come to the office more often, an early sign that the country's big banks may follow their U.S. rivals in cutting back on remote work.

Area Federal Credit Union in Aberdeen, South Dakota, has named Stephen Streirer as its new president and CEO. He replaces Robert Goscicki, who resigned last month.

As summer nears its end, finance-industry rookies are relishing their freedom while some fret over what it means for their future careers. Anxiety is simmering in Wall Street's kinder era for incomers, according to interviews with 10 young bankers.

BMO Financial is expanding its efforts to recruit "underleveraged" job candidates among families fleeing war and hunger abroad. Refugees offer businesses diverse skills and have lower turnover rates than typical North American workers.

Through unconscious bias assessments, analysis and industry partnerships, financial institutions are working to meet the diverse needs of current and future talent.

A warning for investment bankers who enjoyed lavish bonuses for 2021, when banks opened their wallets to reward busy dealmakers amid a war for talent: Don't expect a repeat this year.

Revolut Ltd. plans to increase its crypto headcount by 20% across Europe, the U.K. and U.S. over the next six months, a bright spot in the current digital-assets industry downturn and a rare sign of growth against the backdrop of a wider slowdown in hiring by tech firms.

For too long, Community Reinvestment Act enforcement has relied on income to serve as a proxy for race. This must stop.