Equal pay

Bank of America, Wells Fargo and JPMorgan Chase also received high marks for transparency in reporting how they are paying women and employees of color, but Goldman Sachs, KeyCorp and Citizens Financial Group still have work to do, according to the advocacy investor firms Arjuna Capital and Proxy Impact.

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To help stop a cycle of systemic racism, bankers need to focus on advancing Black employees to leadership positions and create long-term relationships with Black-owned businesses.

In the year since it voluntarily disclosed its own data, Citigroup has shown an improvement in its median pay for female and minority employees, the firm said Wednesday.

Fisher Investments is out more than $1 billion following Ken Fisher’s controversial remarks at a conference. Where do men pull ahead of women in promotions? Right from the start. Plus, a girls’ high school soccer team makes national news.

The financial industry should take notes from regulators that have diverse leadership.