Corporate ethics

College president becomes first woman to lead Eastern Bank's board

01/09/18

The Boston mutual touted Deborah Jackson's role in promoting social justice and sustainability causes.

[more]

Citigroup’s new strategy in Latin America shows progress

11/28/17

Jane Fraser, chief executive of Citigroup Latin America, explains how changes the company has made to its business model in that region are working so far.

[more]

How JPMorgan Chase’s Erdoes handles ‘bad eggs’

10/10/17

The CEO of J.P. Morgan Asset Management and American Banker’s Most Powerful Woman in Finance shares advice about dealing with tricky clients and colleagues.

[more]

'Fintechs tend to march to their own rules': former SEC chair Levitt

09/28/17

Arthur Levitt says seemingly daily scandals highlight the lack of oversight and corporate governance shortcomings of financial technology firms, but two marketplace lending executives responded that more mature companies have just as many problems.

[more]

Why are regulators so unwilling to remove Wells’ leaders?

09/28/17

As eye-catching as the scandals at Wells Fargo are, the most shocking thing is that federal regulators have taken no meaningful action against the bank’s executives.

[more]

Wells Fargo fighting order to rehire whistleblower

09/27/17

Wells Fargo is extending a 6-year-old fight with a whistleblower, despite a government order to immediately reinstate the former employee.

[more]

Provident to take earnings hit to settle overtime-related lawsuit

09/18/17

The California company will pay nearly $3 million to address claims it failed to pay employees for overtime.

[more]

Wrongful-termination lawsuit casts Banc of California turmoil in different light

09/07/17

Jeffrey Seabold, Banc of California’s former vice chairman, alleges that he and ex-CEO Steven Sugarman were scapegoats for inappropriate behavior by certain directors and that the company manipulated its first-quarter earnings.

[more]

N.Y. Fed's Dudley failed to disclose sibling worked at Wells Fargo

09/01/17

A law firm hired by the New York Fed board concluded that Dudley’s error was "inadvertent," and that while it violated the reserve bank's own code of conduct, it did not violate federal statutes.

[more]

Can banks afford to remain on the political sidelines?

08/17/17

The exodus of chief executives from two of President Trump’s business advisory councils in the aftermath of the Charlottesville tragedy was a highly visible example of risk management and cultural principles in action.

[more]