Access Denied: Representation
The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem. ... Read full article
The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem. ... Read full article
The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem. ... Read full article
Larry Sewell has also pledged to continue a series of industrywide conversations on race relations. ... Read full article
The Minneapolis company, like other banks, moved its program for college students online because of the coronavirus pandemic. Here’s a look at what improved and what was lost. ... Read full article
A decision by some banks to replace in-person campus visits with video interviews is intended to increase diversity by reaching beyond the handful of elite business schools and Ivy League universities long associated with the finance industry. ... Read full article
Trade associations and other industry groups are partnering with universities and colleges to create more degree programs and special courses that prepare young people to work for banks — especially small ones. ... Read full article
College prospects cite the financial crisis as one reason they are passing on community bank jobs to join fintechs. ... Read full article
Cape Cod Five Cents Savings Bank has transformed its summer intern program so that it is more structured and attracts students who could see themselves staying in the industry. ... Read full article
Savings Bank of Walpole loosened up internal policies that had limited body art and cellphone use, and it created the position of community engagement coordinator, to connect with younger workers. ... Read full article
Scholarship programs for high schoolers and college students can also promote banking as a viable career option and serve as a channel for bringing in new business. ... Read full article
The bank’s innovation unit hopes some of the students it takes in from 12 universities including Columbia, NYU and Texas will end up working at Citi someday or creating startups it can partner with. ... Read full article
Helping young employees pay down student debt is a more meaningful benefit than pingpong tables at work or free beer. ... Read full article
Royal Bank of Canada has found a unique solution to keeping its tech-savvy interns from moving on — using a new technology that matches young employees with more seasoned people to set up career mentoring chats over coffee. ... Read full article
Millennials care about more than money. So it's important for recruiting efforts to show what bankers do for their communities. ... Read full article
With baby boomers moving into retirement and many young folks eschewing careers in banking, the industry could soon be facing a talent shortage. Are more banking degree programs the answer? ... Read full article