Workforce management
After investment banking fees fell by 54% last quarter, the nation's largest bank by assets is considering cutting back. "Last year, we had to add a lot of bodies just to execute the huge amount of volume we were executing," Chief Operating Officer Daniel Pinto said Tuesday.
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The Biden administration's Property Appraisal and Valuation Equity Task Force is working to eliminate race-based bias in the assessment of home values.
September 12 -
By offering financial education through local crisis centers and community groups — and following through with access to credit — many credit unions are building trust with people who had been wary of working with mainstream institutions.
September 12
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Financial downturns hit lower-wealth communities first and cause them to suffer the longest.
September 9 -
Earlier this year, canvassers visited branches in five California counties to ask about account options. Some 37% of those who spoke Spanish were unable to talk to a banker, compared with 15% of English speakers, according to a report by the Roosevelt Institute.
September 8 -
Merely telling employees what to do may get the job done, but telling them why they're doing it fuels engagement.
August 31 -
The banking and payment services company hopes to attract young talent.
August 30 -
The Minneapolis company, which increased its minimum wage to $18 an hour in June, will bump it up to $20 in response to inflationary and competitive pressures.
August 26 -
At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving.
August 22 -
To meet the growing demand, banks are faced with a choice of hiring, reskilling or outsourcing.
August 19
