Gender issues

Coronavirus stress tests strength of women’s network

05/11/20

In a still male-dominated industry, does the network help attract and keep more women at the firm? CEO Shirl Penney says yes and has the results to prove it.

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'Crossover hiring' can address the gender gap in fintech

03/12/20

As the fintech industry looks for ways to bring on more women, crossover hiring — recruiting from traditional financial services firms to fintechs — has emerged as an effective strategy, Donna Parisi of Shearman & Sterling and Michelle Tran of NYC Fintech Women write.

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Big banks face renewed pressure on gender pay gap

03/04/20

An investment firm that has been pressuring large companies to enhance disclosures said that its efforts at JPMorgan Chase, Wells Fargo, Bank of America and Bank of New York Mellon are gaining ground.

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Challenges to banks’ use of arbitration a sign of gender fights to come

03/02/20

Wells Fargo and JPMorgan Chase recently avoided shareholder votes tied to their use of arbitration clauses in sexual harassment cases. But socially conscious investors say the issue is likely to flare up again elsewhere and that banks would do well to address a wide range of gender equity matters head on.

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'Getting out of the boys' ecochamber': Male allies in banking

01/20/20

Doug Nielson at U.S. Bank and Jane Barratt at MX explain how men can be more supportive of their female colleagues.

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Schwab, TD Ameritrade deal announced; Fannie, Freddie guarantees debated

11/25/19

The $26 billion all-stock deal has the OK of the boards from both companies; the administration says it will move on privatization without federal backing.

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OCC plans CRA changes; Goldman promotes more women

11/15/19

The FDIC and the Fed have yet to sign on to the plan; this year’s managing director class includes fewer overall, but a higher percentage are women.

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Ignoring women costs the financial industry $700 billion a year

11/11/19

The male-dominated finance industry is missing out on more than $700 billion a year in revenue by failing to listen to or tailor products for women, according to management consultancy Oliver Wyman.

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Citi consumer unit in good shape; Wells' layoffs

10/28/19

Division is making progress, helped by a rise in branded credit cards; about 200 bankers in agriculture and energy lending let go in recent months.

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Behind Citi’s Fraser pick; payments companies’ strong quarter

10/25/19

Banks have been pressured to improve diversity in leadership; Visa reports higher volume while PayPal says Venmo now contributing.

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