Corporate philanthropy

Banks focus charitable giving on fighting coronavirus

03/26/20

From helping hospitals purchase new testing kits and ventilators to backing efforts to develop a COVID-19 vaccine, banks large and small are pledging millions of dollars to assist with medical relief efforts.

[more]

Foundation exec returns to Citi after 6 months at Wells Fargo

02/10/20

Brandee McHale will be president of the Citi Foundation and oversee the company's community development, inclusive finance and impact investing teams.

[more]

Foundation exec returns to Citi after 6 months at Wells Fargo

02/10/20

Brandee McHale will be president of the Citi Foundation and oversee the company's community development, inclusive finance and impact investing teams.

[more]

Citi tries new tack to push its social agenda: Venture investing

02/10/20

Ed Skyler, the bank's global head of public affairs, says a newly established $150 million fund will make equity investments in firms seen as having a positive impact on society.

[more]

Goldman, Amazon may offer loans; banks plan to tighten underwriting

02/04/20

The bank would make small-business loans on the online retailer’s platform; Fed survey says banks worry about increasing delinquencies, especially in subprime.

[more]

PNC's Sally McCrady is helping children 'grow up great'

10/03/19

American Banker's community impact winner for 2019 has been the driving force behind the Pittsburgh bank's $500 million investment in early childhood education and development.

[more]

U.S. Bank joins banks investing in workforce assistance programs

09/26/19

The Minneapolis bank said it will provide $8.2 million in grants to nonprofits that arm potential workers with cutting-edge skills and promote small-business growth. Banks say the investments will help them and their commercial customers close the skills gap.

[more]

A paid week off to do volunteer work? First State's good with that

08/28/19

Management at the Oklahoma City bank prides itself on listening to employees, and embracing the volunteer policy suggested by the chief marketing officer is just one example of that.

[more]

JPMorgan Chase to give $125M to global financial health programs

05/15/19

The total includes donations to community groups helping low-income people, support for the development of financial coaching programs and investment in the creation and testing of fintech tools that can help underserved people.

[more]

'Good luck with legislating innovation': Comments of the week

05/02/19

Readers respond to JPMorgan's Twitter gaffe, weigh the role banks should play on issues like climate change, consider the impact of artificial intelligence on fair lending and more.

[more]