The Fed must set up a "family financial facility" that sends billions to households and small businesses so banks don’t misdirect relief funds, writes Karen Petrou.
The latest news and perspective on women in the industry | The Most Powerful Women in Banking program convenes and empowers the community of female executives in financial services.
Doug Nielson at U.S. Bank and Jane Barratt at MX explain how men can be more supportive of their female colleagues.
Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.
Grainne McNamara, financial services principal at Ernst & Young, explains that bank regulators have already been examining banks' cultures, and that's likely to continue. But banks can still fix culture problems during a pandemic.
Big succession moves dominated the industry headlines in the past few weeks, as women claimed key chief leadership titles.
Bank executives at the Most Powerful Women in Banking and Finance gala stressed the importance of male allies in combating gender inequities.
The ‘Unsinkable Cathy Bessant’; Thasunda Duckett’s rising star takes center stage; the challenges facing Wells Fargo chief Charles Scharf; Fannie, Freddie to retain $45B in capital; and more from this week’s most-read stories.
Many institutions said they would close branches, operate drive-throughs only, limit lobby visits to appointments or take other protective steps. Yet others want to stay open to promote public confidence in the banking system.March 16
TD Bank Group's top lawyer will succeed Allen Parker at scandal-plagued Wells Fargo later this month.March 13
The addition of Maria Renz shows how much emphasis the San Francisco fintech is putting on operations and customer experience.March 12
As the fintech industry looks for ways to bring on more women, crossover hiring — recruiting from traditional financial services firms to fintechs — has emerged as an effective strategy, Donna Parisi of Shearman & Sterling and Michelle Tran of NYC Fintech Women write.March 12FounderNYC Fintech Women
The bank's board chair and fellow director James Quigley abruptly resigned early Monday. Both are scheduled to appear before the House Financial Services Committee this week.March 9
Potential replacements for the bank's longtime CEO include consumer banking chief Gordon Smith, investment banking head Daniel Pinto, Chief Financial Officer Jennifer Piepszak and consumer lending CEO Marianne Lake.March 6