Diversity and equality

‘I have the gavel’: Waters touts agenda but leadership challenges loom

01/16/19

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.

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Citi says female employees earn 29% less than men

01/16/19

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

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House, Senate Dems introduce bill to encourage diversity among Fed presidents

01/09/19

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.

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HSBC reveals gender pay gap for U.K. employees widened to 61%

01/08/19

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.

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House diversity panel a doubled-edged sword for banks

01/07/19

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.

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No-frills accounts prove popular; lenders use AI to parse credit

01/04/19

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.

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The princess and the paycheck, Blythe Masters' exit and #MeToo paranoia

12/20/18

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.

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Wall Street's bad reaction to #MeToo, Kraninger in at the CFPB, BofA women making moves

12/06/18

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.

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Introducing Women in Banking: Next (and how to apply)

12/03/18

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.

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Overhaul CRA? Why not eliminate it?

12/03/18

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

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