BankThink

The gender equality police Â-- namely, the activists Arjuna, Pax, and Trillium, which targeted Silicon Valley earlier this year Â-- is making moves on Wall Street now, starting with Citigroup, Bank of America and Goldman Sachs. Fed governor Lael Brainard encourages fintechs to tackle financial access and Cleveland Fed president Loretta Mester talks about the industry's past and future. Citi FinTech's Carey Kolaja celebrates its first product launch. Plus, people moves at Santander Consumer, Deutsche Bank and Bank of New York Mellon.

U.S. banks are smart to take their time in embracing a model that cedes space to nonbank competitors and could put consumers more at risk for identity theft.

There's no denying we are in a mobile-first era. But banks must overhaul their online banking to reap long-term profitability.

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Paying the piper: Wells Fargo CEO Timothy Sloan reiterated that the bank expects to spend tens of millions of dollars on investigations and other regulatory matters in the wake of its phony accounts scandal. "I think that seems reasonable today based on what we know. It's the upper end of our range from an efficiency standpoint," he said at a Goldman Sachs financial services conference Tuesday. He also said the scandal could...

Rather than address systemic risk with impractical capital requirements, regulators can make a few subtle changes that will force the shrinkage of the largest banks gradually over time.