Women in Banking

John Mack, Mary Meeker leaving LendingClub board

03/29/19

The San Francisco-based online lender said that the departures of two prominent board members are not the result of any disagreement with the company.

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McMahon to step down as SBA chief to work on Trump campaign

03/29/19

Linda McMahon is planning to step down from leading the Small Business Administration to help raise money for President Donald Trump’s re-election campaign, according to people familiar with the matter.

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Goldman Sachs says U.K. women earn half as much per hour as men

03/25/19

Goldman Sachs pays women in the U.K. an average of 50.6 percent less than male colleagues per hour, although this is an improvement on the 56 percent gap the Wall Street firm reported a year ago.

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Credit union executive calls out sexist behavior at CUNA conference

03/22/19

In a post to a social networking site, Rachel Pross, chief risk officer at an Oregon institution, described unwanted touches and inappropriate comments by male executives and directors at the event.

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'If the product is good, it should sell itself': A Q&A with Earnest's CEO

03/22/19

Susan Ehrlich, the fintech lender's new chief, discusses what she learned working at Amazon and Simple and how her firm is approaching consumer loans differently.

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Lack of diversity at Home Loan banks 'concerning,' Waters says

03/20/19

A report from the Government Accountability Office found that while the Federal Home Loan banks have taken steps to improve diversity among boards of directors, members are still largely male and nonminorities.

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In AI era, CEOs must put people first

03/20/19

There’s currently a focus on investing in technology and data to remain competitive, but financial firms also need to ensure they are helping workers adapt, argues Synchrony’s Margaret Keane.

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House Dem proposes banning use of credit scores for auto insurance

03/18/19

First-term Rep. Rashida Tlaib, D-Mich., has sponsored the Prevent Discrimination in Auto Insurance Act in order to prevent “undue burden” on low-income individuals seeking auto insurance.

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HSBC urges staff to speak up on incidents after misconduct case

03/15/19

HSBC's new head of global markets is encouraging a speak-up culture, months after his predecessor left the bank amid a misconduct claim from a junior female employee.

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FDIC chief ties personal story to CRA reform effort

03/14/19

Recounting her family’s financial struggles, Jelena McWilliams said regulatory policy should address the plight of the underbanked.

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