Berkery, the chairman of UBS Bank USA, will be succeeded by Michael Blum. Berkery, a Merrill Lynch alum, was part of the turnaround team at UBS' wealth management unit, and during her tenure, the lending book at its bank more than doubled in size. ... Read full article
Rebeca Romero Rainey, while known as compassionate banker and less of a firebrand than her predecessor at the trade group, will take firm stands for small banks on reg relief, innovation and fair play, say those who know her. ... Read full article
Goldman Sachs Group Inc. pays women in the U.K. an average of 56% less than male colleagues, another stark example of the entrenched gender imbalances in the richest corners of the global economy. ... Read full article
Directors at the Federal Reserve Bank of New York said they had narrowed their search for the bank's next president to a "handful of final candidates," without naming any of those still in the running or the timetable for announcing their ... Read full article
Eno likes reality TV, says Capital One's head of artificial intelligence. Who's afraid of big, bad Amazon? Not Nandita Bakhshi. Goldman Sachs won’t be breaking any glass ceilings. Plus, a study on sexual harassment in banking. ... Read full article
The gap, already more than three times the national average, will widen to 60% this year, the company said in a report Thursday. ... Read full article
Goldman Sachs needs to do a better job elevating women to its top ranks, new heir apparent David Solomon said recently. He has his work cut out for him. ... Read full article
The online giant has succeeded in disrupting every area of retail, but in banking it faces a high barrier to entry and fierce determination from banks like Citizens Financial and Bank of the West to keep upping their games. ... Read full article
The venture capital firm Anthemis seeded 21 fintech startups in its first discretionary fund, which raised $106 million. It favors management teams made up of people from all walks of life who have fresh ideas about shaking up banking and insurance. ... Read full article
After some modest success pushing companies to add women to board, State Street is raising the bar; a few key departures have left the ranks of the world’s central bankers even more male-dominated. ... Read full article
In the year since State Street's Fearless Girl statue started her showdown with Wall Street's Charging Bull, the $2.6 trillion asset manager has faced a confrontation of its own in corporate boardrooms: pressing firms to add more women to their ... Read full article
State-level support will give the digital assets industry much needed footing, said Caitlin Long, a former managing director at Morgan Stanley. ... Read full article
A New Hampshire bank CEO argues that the reform bill awaiting a vote in the Senate will free up community banks to focus more on their customers and less on compliance. ... Read full article
Santander's Ana Botin is plotting to make the global banking giant even bigger. Senators suspect a Wall Street cover-up of sexual harassment, and Capital One gets sued by the NAACP. ... Read full article
Natalie Bartholomew, a banker in Oklahoma, has launched a blog designed to promote women's issues and tout her peers' accomplishments. ... Read full article
The nonprofit is turning to banks and social impact investors to support a newly created fund designed to significantly increase the size of its loan portfolio over five years. ... Read full article
A former executive at SunTrust has joined Cardlytics Inc. to help the company expand its partnerships with other banks. ... Read full article
The company has fired two additional prime brokerage employees as it continues to investigate accusations of misconduct. ... Read full article
The goal of the competition is to increase diversity in the financial technology industry. ... Read full article
Kathleen Henry and Steven Antonakes have been named to the bank's management committee. ... Read full article
