Diversity and equality

House passes five bipartisan financial services bills

09/11/19

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.

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Mnuchin urges Goldman, Amex to help small banks win contracts

09/06/19

Treasury Secretary Steven Mnuchin has told large U.S. financial institutions including Goldman Sachs and American Express they should do more to help black- and women-owned community banks win federal contracts.

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Forced arbitration, JPM's contrarian move, M&A as recruiting tool: Top stories of the week

08/30/19

The case of a pastor wrongly-accused by Wells Fargo has mandatory arbitration back in the spotlight; JPMorgan started buying securities long before talk about rate cuts; more banks are turning to M&A to acquire talent; and more from this week's most-read stories.

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UBS shuffles top management; Treasury issues Libor tax guidance

08/30/19

The bank elevated three senior executives who could be possible successors to CEO Sergio Ermotti; the move to a new rate benchmark won’t trigger a “tax event.”

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UBS elevates more women bankers in push to diversify leadership

08/29/19

UBS promoted female bankers to key positions at the top of world's largest wealth manager, broadening the pool of potential candidates to eventually succeed Chief Executive Officer Sergio Ermotti and bringing more diversity to the board.

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Deutsche's tragic blind spot, USAA's diversity drive, lenders' card obsession: Top stories of the week

08/16/19

Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.

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Big banks need more diversity in leadership ranks: House Democrats

08/13/19

With women and minorities holding less than 25% of top positions at the eight largest U.S. banks, House Financial Services Committee Chairwoman Maxine Waters and other Democrats called on banks to improve their recruiting efforts and invest in programs aimed at building pipelines of diverse talent.

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USAA walks the diversity talk with latest tech hires

08/12/19

The San Antonio company named Judith Frey vice president of digital banking, Maria Alvarez Mann chief information officer for bank technology and Carri Arnold bank technology officer.

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CFPB filed no fair-lending enforcement cases last year

07/02/19

The CFPB did not file any fair-lending enforcement actions in the 2018 fiscal year and did not refer any Equal Credit Opportunity Act violations to the Department of Justice.

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Image enhancement: How Citi is restoring its good name

06/26/19

Once a poster child for corporate wrongdoing, Citi has bolstered its reputation by taking bold stands on polarizing social issues, such as climate change and gun control, and declaring its commitment to move more women and minorities into managerial roles. Here's how it aims to do even better.

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