News Topic: Diversity and equality

Nap pods and beanbag chairs are nice, but what employees really care about are personal respect and generous compensation. Oh, and it helps to be dog-friendly. ... Read full article

Richard Marotta, who became Berkshire Hills' CEO after his predecessor's abrupt resignation, says his top priorities are squeezing more profit from existing operations and improving corporate culture. ... Read full article

Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. ... Read full article

The Financial Services Committee also announced the head of a newly created subcommittee on diversity and inclusion. ... Read full article

With a permanent director confirmed, the agency should take steps to establish a small-business data collection rule mandated by the Dodd-Frank Act. ... Read full article

Citi is the first to share its unadjusted pay gap and lays out its goals for improvement. Bankers will be getting to know the progressive freshmen females who are storming D.C. a lot better. Plus, lots of fintech people moves and Gillette's take on ... Read full article

Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates. ... Read full article

The new chair of the House Financial Services Committee has an ambitious set of priorities, but newly elected progressives could set up a conflict with more moderate Democrats on the panel. ... Read full article

The bank also reported that, among its U.S. employees, people of color earn 7% less than their white colleagues. ... Read full article

The bill would require at least one gender diverse and one racially or ethnically diverse candidate to be interviewed for Fed regional bank president vacancies. ... Read full article

Pay for female staff at HSBC's U.K. business fell further behind male colleagues' in the last year, according to new figures from the London-based bank. ... Read full article

A Financial Services subcommittee planned by Democrats to root out discrimination and expand financial inclusion could put banks on the hot seat, but it could also foster regulatory relief. ... Read full article

The accounts — which eschew paper checks and overdraft protection — appeal beyond the low-income customers they were intended for; lenders are embracing artificial intelligence systems to analyze more data to determine creditworthiness. ... Read full article

An accusation of sexual discrimination plays out in court for BNP Paribas; Jeffries’ top execs chastise Wall Street men over #MeToo paranoia; blockchain startup loses Blythe Masters; and RBS might make history with a female CEO-CFO duo. ... Read full article

Men on Wall Street are taking a cue from Vice President Mike Pence by refusing to dine one-on-one with women; Coinbase is offering fertility benefits; and Bank of America executive Katy Knox gets a promotion. ... Read full article

Recognize high-achieving women in the pipeline and celebrate diversity across the industry. Nominate a female executive under age 40 for Most Powerful Women in Banking: Next. ... Read full article

Regulators are considering reforms to the Community Reinvestment Act, but it’s not clear that the law is needed anymore. ... Read full article

Here are some strategies to improve the retention of women across the industry, says one former bank executive. ... Read full article