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.
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.
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.
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.
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.
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.
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.
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.