Corporate governance

Wells Fargo taps investment banker to help repair its image

12/18/19

Charles Peck, the head of public finance, is temporarily joining the leadership of the public affairs team.

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Synovus gives COO additional title of president

12/13/19

In addition to overseeing the bank’s lines of business, technology and operations, Kevin Blair will now be responsible for human resources, credit administration and all customer-facing support functions.

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Why most banks are holding on to their holding companies

12/10/19

Several banks abandoned their BHCs two years ago to cut costs and reduce regulatory burden. But the strategy never really took hold as most bankers determined there were more benefits to having holding companies than eliminating them.

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Lawmaker presses Wells Fargo on checking account refunds

11/22/19

Rep. Katie Porter, D-Calif., wants details about refunding "hundreds of millions of dollars" in fees improperly charged on checking accounts. Wells has acknowledged the potential problem but hasn't estimated how much it owes.

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Elizabeth Warren slams Goldman over Apple Card bias furor

11/14/19

It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.

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'Enough with the scare tactics': Comments of the week

10/31/19

Readers react to Sen. Warren's plan to weed out Washington corruption, Facebook CEO Mark Zuckerberg's testimony before Congress, restricting the Federal Reserve's proposed real-time payments system and more.

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Huntington names Visa executive as its new chief financial officer

10/18/19

Zachary Wasserman will succeed Mac McCullough, who is retiring at the end the year.

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Federal government an exemplar in promoting women

10/10/19

The financial industry should take notes from regulators that have diverse leadership.

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FDIC to offer parental paid leave to employees

10/09/19

All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said.

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Citigroup’s Corbat issues call to action on equal pay, opportunity for women

10/03/19

Citigroup CEO Michael Corbat said that unconscious bias has contributed to inequality in the workplace despite a decades-long effort by many companies to promote women.

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