News Topic: Diversity and equality

Arleas Upton Kea shares her 30-year journey to become the first African-American woman to serve as deputy to the FDIC chairman and chief operating officer. ... Read full article

Fisher Investments is out more than $1 billion following Ken Fisher’s controversial remarks at a conference. Where do men pull ahead of women in promotions? Right from the start. Plus, a girls’ high school soccer team makes national news. ... Read full article

Within the first 24 months of appointing female CFOs, companies saw, on average, a 6% increase in profits and an 8% better stock return, compared to performance under male predecessors. ... Read full article

Employee programs need to embrace a wide range of groups including women, minorities and the LGBTQ community. ... Read full article

Companies are turning off prospective customers and employees with misguided approaches. ... Read full article

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

Investors expect banks to be honest and transparent about employee wages. ... Read full article

The awards gala was a who's who in banking, both at the podium and in the audience. The FHFA settles the sexual harassment complaint involving Mel Watt. And an OCC veteran talks about her career. ... Read full article

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. ... Read full article

American Banker's Most Powerful Women in Banking and Finance gathered at the Gitano Jungle Room in New York on Wednesday for an evening of cocktails and conversation. ... Read full article

Banks need to understand that examiners' job is to call it like they see it. ... Read full article

Nearly a third of the women in the annual ranking are new additions, the largest amount in years. Here's an overview of the changes. Plus, Citi's Corbat on its bold gender equity move, and Wells Fargo's less bold CEO decision. ... Read full article

Cathy Bessant, BofA’s chief operations officer, is the Most Powerful Woman in Banking; 6 standout fintechs at Finovate 2019; the Citi CEO says gender pay gap is ‘a challenge we need to tackle together’; and more from this week’s most-read stories. ... Read full article

Readers sound off on climate change, the Federal Reserve's incoming real-time payments system, praise efforts for gender pay equity and more. ... Read full article

Citigroup has set measurable goals for increasing representation of women and U.S. minorities in senior, higher-paying roles and CEO Michael Corbat is urging other financial firms to follow suit. ... Read full article

How do you keep the all-male CEO club at the biggest banks intact? Let us count the ways. Could a woman be the next CEO at UBS? Maybe. At Wells Fargo? Less likely. ... Read full article

The bank has been deploying artificial intelligence in every business line, conducting research to find out what consumers think about the technology, and holding a roundtable with experts to define "responsible" AI. ... Read full article

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement. ... Read full article