News Topic: Diversity and equality

Ten years ago the global financial crisis began with subprime mortgage problems in the U.S.; the more you have, the more you get. ... Read full article

Fifth Third’s new chief legal counsel, Jelena McWilliams, might be changing jobs again and Australia’s first female bank CEO tells all in a memoir. Plus, the advantage with female founders, and young feminists on the rise. ... Read full article

As an investment community, we have to realize that any system with 90% homogeneity is vulnerable, while diversity makes the system more resilient. ... Read full article

The New York Times explores why we lack female CEOs, Uber considers Bank of America’s Anne Finucane for its CEO spot, and State Street’s head of corporate governance explains its push for gender diversity on boards. Plus, who needs a hero? ... Read full article

Readers question acting comptroller Noreika, weigh in on SoFi’s charter application, defend Trump’s exit from the Paris Accord, and more. ... Read full article

A profile of New York's superintendent of banking offers insight into her thinking on hot regulatory issues; the women behind the machine learning at Morgan Stanley and UBS see a future with better advice; plus, Jane Austen and the new Doctor Who. ... Read full article

More than a dozen mostly multinational banks have started using a business diagnostic tool to measure inclusivity of LGBTQ staffers. RBC Capital Markets says the insights have shaped its recruitment and retention strategy. ... Read full article

A community bank gets taken to task by the Equal Employment Opportunity Commission. Tennis player Andy Murray makes his mom — and lots of other women — proud at Wimbledon. Also, the Bank of England's Charlotte Hogg and Morgan Stanley's Naureen ... Read full article

Out of the ashes of the fake-accounts fiasco, heads of business lines became more open to change, an executive at the bank’s innovation group said Wednesday. ... Read full article

The refusal by top U.S. banks and credit card companies to respond to investor concerns about gender inequity is in contrast with progress by U.K. banks. ... Read full article

Digital Banker of the Year finalist Alice Milligan is creating apps meant to help Americans achieve their life dreams. Goldman Sachs’ global head of human capital management Sally Boyle says the firm is focusing diversity efforts on promoting women in ... Read full article

Teresa Tanner designed a unique program to help keep new moms from leaving Fifth Third. Monica Coles of Wells Fargo has a surprising perspective on diversity initiatives. Plus, Abby Johnson talks up bitcoin. ... Read full article

Reader reactions to criticism of Jamie Dimon, the House GOP ganging up on Richard Cordray, a bank's decision to part with Excel to measure credit losses, and more. ... Read full article

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article

The more vocal millennial generation is pushing companies like Bank of America to redefine diversity in the workplace to include more freedom of expression. ... Read full article

BMO recently won a diversity award for reaching its goal of having women in 40% of senior management jobs, and CEO Bill Downe argues equal treatment of employees will carry over to fair treatment of customers and create long-term profits for shareholders. ... Read full article

Bay Street's highest-paid female banker set a new benchmark for women executives in the banking industry — though their ranks among the top wage earners remain thin. ... Read full article

Financial advisers accused of misconduct are treated very differently depending on their gender, with women far more likely to get fired. Plus, what happens when a guy switches email signatures with his female coworker? ... Read full article