Wells Fargo joins Citi, B of A in disclosing adjusted gender pay gap
Now three of the largest U.S. banks say their female employees make more than 99 cents for every dollar earned by their male peers. ... Read full article
Now three of the largest U.S. banks say their female employees make more than 99 cents for every dollar earned by their male peers. ... Read full article
Wells Fargo agreed to disclose the gaps between what it pays men and women as well as disparities for minority groups, a spokeswoman said. ... Read full article
More than 70% of women mortgage professionals have experienced sexual harassment in the workplace, but these incidents go drastically underreported, according to a recent Mortgage Bankers Association survey. ... Read full article
Most general counsels are men, but in 2017 women filled more than half of the top legal positions that opened up at large financial firms. The trend is likely to continue as the population of women lawyers swells and banks continue to diversify their ... Read full article
Kim Manigault, who previously was chief financial officer for the company’s technology and operations organization, will be responsible for ensuring that Key continues to make diversity and inclusion a priority in hiring. ... Read full article
Bank of America Chief Executive Officer Brian Moynihan said when he's ready to give up the job, the odds are split on whether his successor will be a woman. ... Read full article
The difference in pay between men and women at Citi is not as striking as some other differences. A reverse mentor changed how Goldman’s Edith Cooper thinks about differences in the workplace. Banks are doing a lot more than relaxing the dress code to ... Read full article
The move follows a shareholder proposal filed by Boston-based Arjuna Capital and is the first of its kind by a big U.S. bank. ... Read full article
Sundie Seefried is high on pot banking. Hollywood is not so sweet on the former SBA head's bid for Weinstein Co. Another woman takes on Mick Mulvaney in court. And what's shushing women on Wall Street with stories to tell? Arbitration, for one ... Read full article
Finding a perfect candidate could be tricky. Because the New York Fed oversees banks and operates in markets, someone with Wall Street experience is ideal — yet at the same time, it’s important to find a candidate who isn’t beholden to the banks. ... Read full article
A new U.K. rule requiring firms to disclose their pay practices, combined with the increased attention on women's workplace issues in general, is forcing banks and other companies to be more forthcoming about what they are paying female employees. ... Read full article
Interactive Brokers says it will allow customers to bet against the cybercurrency; aides to Alabama senator drafted for key regulatory positions to ease banking rules. ... Read full article
Every one of the executives recognized in our Most Powerful Women rankings has faced the kind of professional challenges that can launch someone into the C-suite — or get someone bounced from consideration. ... Read full article
Beth Mooney disarms “a ticking time bomb.” The former head of the Small Business Administration wants to buy Harvey Weinstein’s company. Plus, the CFPB showdown, an effective way to combat sexual harassment, and laundry tips from Anne Wojcicki. ... Read full article
Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc. ... Read full article
Look who's co-chairing the notoriously male-dominated World Economic Forum. A female automotive enthusiast eloquently calls out an industry where bias is ingrained in the everyday language, and women in prison cook up a better future. Plus, State ... Read full article
What makes a strong team? Many in finance are still misjudging these qualities, because, without even realizing it, they gravitate to those they feel most comfortable with. Here is what Barbara Byrne has learned from her own experiences in the industry. ... Read full article
Even as women make up an increasing share of potential clients in the private wealth sector, only a small percentage of financial institutions are reaching out to them. ... Read full article
More people are making a case for regulators to step in, saying banks’ lack of leadership diversity is a risk that they have failed to resolve on their own. There is one very surprising thing about the recent wave of sexual harassment allegations. What ... Read full article
Wonder Woman captures the essence of how women break down barriers, including in financial services. But no superpowers are needed to succeed. ... Read full article