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Ambassador at center of impeachment probe has deep roots in lending


Gordon Sondland, the U.S. ambassador to the European Union, is often described as a hotelier from the Pacific Northwest. But he has also had a long and sometimes controversial career in finance.


Dems unload on CFPB’s Kraninger: ‘You are absolutely worthless’


CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.


The next Elizabeth Warren? How Katie Porter is shaking up House banking panel


The California Democrat is less recognizable nationally than other progressives elected to the House in 2018. But she may be "the most feared freshman" on the Financial Services Committee.


Calling all allies: What women in banking say is key to progress


Bank executives at the Most Powerful Women in Banking and Finance gala stressed the importance of male allies in combating gender inequities.


Bank executives seek allies in fight for gender equality


Speakers at the Most Powerful Women in Banking and Finance gala stressed the need to use their power to help the next generation of women as well as enlist others in seeking gender parity.


Men have to be part of the solution: Citi’s Corbat on gender equality


In a speech at American Banker's Most Powerful Women in Banking and Finance gala, Citigroup chief Michael Corbat outlined several ways men can help combat bias against women.


Citigroup’s Corbat issues call to action on equal pay, opportunity for women


Citigroup CEO Michael Corbat said that unconscious bias has contributed to inequality in the workplace despite a decades-long effort by many companies to promote women.


Lifetime achievement: LeeAnne Linderman's nonstop advocacy for women in banking


Linderman helped build Zions Bank into a retail force and shaped the multistate retail strategy of its parent company, but she will best be remembered for opening countless doors for women and minorities.


Wells Fargo names BNY Mellon’s Charles Scharf CEO to lead turnaround


Scharf next month will become the fourth leader at Wells Fargo in three years. Meanwhile, Bank of New York Mellon has named Thomas P. "Todd" Gibbons as acting chief executive.


Gender pay gap is 'a challenge we need to tackle together'


Citigroup has set measurable goals for increasing representation of women and U.S. minorities in senior, higher-paying roles and CEO Michael Corbat is urging other financial firms to follow suit.