Citi rolls out ad campaign highlighting gender pay gap
The series of print, digital and billboard ads uses children of Citigroup employees to draw attention to the bank's own efforts to promote women to senior roles. ... Read full article
The series of print, digital and billboard ads uses children of Citigroup employees to draw attention to the bank's own efforts to promote women to senior roles. ... Read full article
Bank executives at the Most Powerful Women in Banking and Finance gala stressed the importance of male allies in combating gender inequities. ... Read full article
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. ... Read full article
Cathy Bessant, American Banker's Most Powerful Women in Banking, discussed the difference between fearlessness and bravery at the 2019 gala. ... Read full article
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. ... Read full article
Speaking at American Banker's Most Powerful Women in Banking and Finance gala, Citibank's Barbara Desoer said many successful executives had help in getting to their positions, and should use their power to help others. ... Read full article
Nearly a third of the women in the annual ranking are new additions, the largest amount in years. Here's an overview of the changes. Plus, Citi's Corbat on its bold gender equity move, and Wells Fargo's less bold CEO decision. ... Read full article
Simone Grimes had alleged former FHFA Director Mel Watt made inappropriate advances toward her and she was paid less than the man who had previously held her position. ... Read full article
How do you keep the all-male CEO club at the biggest banks intact? Let us count the ways. Could a woman be the next CEO at UBS? Maybe. At Wells Fargo? Less likely. ... Read full article
The fintech is now worth $10 billion more than its top rival, Square; cost cuts, asset growth and share buybacks could offset the headwinds from low rates. ... Read full article
An economic downturn is likely to force industry consolidation; the legit firms only offer borrowers things they can get for free, while others are scams. ... Read full article
The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip. ... Read full article
A Fed-led working group may pressure Wall Street to adopt SOFR; challenger banks with smartphone-based accounts soar. ... Read full article
Jewelry maker Alex and Ani LLC demanded $1.1 billion in damages from Bank of America in a lawsuit alleging lending discrimination against a women-led company that was once featured in advertisements promoting the bank's commitment to diversity. ... Read full article
The bank believes its U.S. unit will pass this year’s stress test but Fed restrictions will stay; COO is the second member of CEO’s inner circle to leave. ... Read full article
Christine Lagarde, the head of the International Monetary Fund, refuses to attend any meetings in which she would be the only woman; Sallie Krawcheck says the fact that women still are paid less than men is partly the fault of society at large; and more in ... Read full article
Digital currency plans spark concerns from global financial regulators and U.S. legislators; departures continue as two top dealmakers seem ready to leave. ... Read full article
Mastercard is working with its banking partners to introduce True Name cards that will let customers use the name they want on their cards without requiring a legal name change. ... Read full article
Digital Asset Holdings eyes blockchain for 'smart contracts'; readying for a marathon is like competing for a big client. ... Read full article
The bank is having trouble finding an outsider and acting chief Allen Parker has impressed the board; the former Chicago mayor will join Centerview Partners. ... Read full article