Gender issues

P2P lenders faces challenges; Student debt relief scams

08/27/19

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.

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A-Rod, J. Lo invest in fintech; Inverted yield curve hurts regionals

08/20/19

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.

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Fed’s hard sell on SOFR; Consumers dialed in on phone banking

08/12/19

A Fed-led working group may pressure Wall Street to adopt SOFR; challenger banks with smartphone-based accounts soar.

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BofA accused of discriminating against jeweler run by women

07/25/19

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.

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Deutsche expects continued scrutiny; PayPal losing another exec

06/21/19

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.

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IMF's Lagarde is nobody's token; causes and effects of gender pay disparity

06/20/19

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 this week's WIB Scan.

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Facebook faces blowback; Big changes expected at Deutsche Bank

06/19/19

Digital currency plans spark concerns from global financial regulators and U.S. legislators; departures continue as two top dealmakers seem ready to leave.

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Mastercard allows name choice in nod to transgender cardholders

06/17/19

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.

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New role for blockchain; why so many bankers run

06/07/19

Digital Asset Holdings eyes blockchain for 'smart contracts'; readying for a marathon is like competing for a big client.

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Wells mulls making interim CEO permanent; Emanuel joins boutique bank

06/06/19

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.

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