How will the next generation of women lead?
They’re communicators, bridge builders and young moms. Here’s what they might do differently from the older bosses they have had in their careers. ... Read full article
They’re communicators, bridge builders and young moms. Here’s what they might do differently from the older bosses they have had in their careers. ... Read full article
Royal Bank of Scotland and JPMorgan Chase were also among the five banks that agreed to pay fines for colluding on foreign-exchange trading strategies. ... Read full article
New posts for two women executives at JPMorgan Chase spur a fresh round of speculation about the race to succeed CEO Jamie Dimon someday. And Comerica's heir apparent finally gets the call. ... Read full article
Purchase of United Capital Financial would extend the bank’s reach; the bank is raking in online deposits even as it pares back its branch network. ... Read full article
After quiet experiments, Citigroup is expanding perks designed for credit cards to encourage sales of other banking products. ... Read full article
Exploring the rise of the next-gen bank CEO; backlash over JPMorgan's snarky tweet; TD Bank's calculated shift to the cloud; and more from this week's most-read stories. ... Read full article
Citigroup has invited second- and third-year analysts from across its markets and technology teams to apply for Citigroup's newly formed Markets Acceleration Lab. ... Read full article
Citigroup has hired Murli Buluswar as head of analytics and information management in its U.S. consumer banking segment. It also has promoted Tracey Warson from head of Citi Private Bank, North America, to chairman of the unit. ... Read full article
Overhauling Citi Private Bank's capital markets business in the Americas required finding someone who not only had expertise, but also had the ability to lead while growing revenue. The natural pick was Kristen Bitterly. ... Read full article
Bank of America investors on Wednesday voted against pressing the company to disclose more insightful data about disparities between men's and women's salaries. Shareholders at Wells and Bank of New York Mellon recently rejected similar measures. ... Read full article
Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night. ... Read full article
At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity. ... Read full article
Civil rights activist Jesse Jackson is pushing a proposal that the billions banks have paid in fines be given to Americans who lost homes or suffered in other ways during the financial crisis. ... Read full article
Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange. ... Read full article
Citigroup's return on tangible common equity rose in the first quarter, but stubbornly high expenses and costly technology investments may make it hard for the bank to hit its targets for this year and next. ... Read full article
Bank's profits up 2% despite decline in revenue. ... Read full article
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CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors. ... Read full article
Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives. ... Read full article
Jamie Forese, long considered the potential successor to Citigroup Chief Executive Officer Michael Corbat, is departing after 34 years at the firm. ... Read full article