News Topic: Gender discrimination
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Goldman executives’ names to stay secret in gender pay case
Goldman pushes to keep executive names hidden in gender suit
JPMorgan billion-dollar advisor accuses bank of misogyny in U.S. complaint
Goldman women pick big lawsuit over arbitration, but many abstain
Goldman faces vote on report of mandatory-arbitration impact
Diversity programs force Americans to face uncomfortable truths
Controversies over trainings that address white male privilege detract from the important role DEI initiatives play in helping the country move forward. ... Read full article
Listen, speak, act: One CEO's playbook for inclusive cultures
Banks must address the societal issues that resonate deeply with their customers and communities, says Regions Financial chief John Turner. ... Read full article
Goldman plaintiffs demand files with words they say prove bias
Women suing Goldman Sachs Group for gender discrimination are going after any internal documents with words like “babe,” “bimbo” or worse that they say would show bias by executives who administered the bank’s promotion and evaluation policies. ... Read full article
To end lending bias, banks need to use the right tech
Traditional lenders must embrace fintech underwriting tools that would help women- and monitory-owned businesses get loans they are too often denied. ... Read full article
Senate Democrats' bill would ban discrimination in financial services
The legislation would extend to the banking system the Civil Rights Act's protections for customers of hotels and restaurants. ... Read full article
OCC official: We want to be diversity role model for banks
Any regulator or bank should build from a foundation of diversity, dignity and respect, says Grovetta Gardineer, the agency's head of national bank supervision policy. ... Read full article
HUD’s disparate impact rule is a ‘get out of jail free’ card
The bar to prove discriminatory patterns is so high that plaintiffs would have slim odds of winning lawsuits against housing providers. ... Read full article
Better data is key to beating bias in small-business lending
The increased use of technology, along with holistic data points, can eradicate racial and gender disparity for fintech lenders in small business, says Become’s Eden Amirav. ... Read full article
CRA reform amid coronavirus would fuel discriminatory lending
Minorities are often hit harder financially during a crisis, but if regulators move forward on revamping the Community Reinvestment Act, they’ll only make matters worse. ... Read full article
Don’t ditch disparate impact
Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws. ... Read full article
CFPB's Kraninger commits to finalizing small-business lending rule
CFPB Director Kathy Kraninger promised to complete the rule mandated by Dodd-Frank one day after a California court set a process for doing so. ... Read full article
CFPB forced to complete small-business lending rule
After dragging its feet, the agency has agreed to a court-supervised process for writing a Dodd-Frank-mandated rule aimed at stamping out discrimination. ... Read full article
House lawmakers at odds over requiring banks to report diversity data
A study by the House Financial Services Committee on the industry’s efforts to hire and promote more women and minorities has sparked a dispute over whether banks should have to be more transparent about those efforts. ... Read full article
'Getting out of the boys' ecochamber': Male allies in banking
Doug Nielson at U.S. Bank and Jane Barratt at MX explain how men can be more supportive of their female colleagues. ... Read full article
