Corporate ethics

The curious case of the Vatican and credit default swaps

07/26/18

The Vatican's recent criticism of credit default swaps is reigniting a debate about the use of such financial products.

[more]

Regions taps insider to lead new office of community affairs

07/23/18

Leroy Abrahams had previously served as president of the bank's North Central Alabama region.

[more]

Bank CEO's fire-and-rehire maneuver reaps windfall at taxpayer expense

07/19/18

A multimillion-dollar deal between Chicago Mayor Rahm Emanuel and Stephen Calk, the man who would later become Paul Manafort's banker, was supposed to deliver 400 new jobs to the city. Here's what really happened.

[more]

Why bank CEOs are speaking out on guns, DACA and global warming

05/07/18

Today's senior leaders seem more willing than their predecessors to take bold stands on controversial topics, in part because employees and investors expect them to.

[more]

Mulvaney comments on lobbyist meetings may be illegal, Democrats say

05/01/18

The acting Consumer Financial Protection Bureau director should be investigated for potential Hatch Act violations following his controversial remarks at a banking industry conference, Senate Democrats said Tuesday.

[more]

CFPB’s Mulvaney misled Congress about land deal, watchdog says

04/30/18

The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.

[more]

Warren keeps pressure on CFPB’s Mulvaney with new letter

03/16/18

Sen. Elizabeth Warren, D-Mass., raised ethics concerns about Mick Mulvaney's dual role leading both the Consumer Financial Protection Bureau and the Office of Management and Budget.

[more]

OCC’s Otting will be recused from oversight of five banks, agency says

03/07/18

Comptroller of the Currency Joseph Otting will bow out of certain regulatory matters involving CIT and U.S. Bank, where he held leadership roles, and three others.

[more]

‘The AI body snatchers have already taken over’

02/22/18

Artificial intelligence is expected to bring financial services to millions, yet it could also make unethical decisions that unfairly deny credit and widen the divide between haves and have-nots, says Nicolas Economou of the nonprofit Future Society.

[more]

Banking’s response to #MeToo: Training employees to speak up

02/12/18

Strong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent. Some are ditching old training sessions and trying new things like coaching witnesses on how to report demeaning behavior.

[more]