Workforce management

Citigroup vows to become ‘antiracist,’ review internal policies


Citigroup will spend $1 billion over the next three years on efforts to help close the racial wealth gap as it seeks to become an “antiracist institution.”


Social distancing pushes credit unions to get creative with communication


With staff scattered between working at home and in the office, management at many institutions has taken steps to revamp intranets and launch employee-only Facebook groups to keep their workforce connected.


UBS CEO says it’s hard to sustain culture working at home


Sergio Ermotti joined JPMorgan Chase's Jamie Dimon in expressing concern about the long-term consequences of remote work.


The Best Credit Unions to Work For under $200M in assets


These seven institutions have found innovative ways to engage employees and help staffers through the pandemic.


How we select the Best Credit Unions to Work For


The annual ranking, a collaboration between Credit Union Journal and the Best Companies Group, involves surveying employees and reviewing each institution's workplace policies.


Citigroup employee who operated QAnon website on leave


Jason Gelinas, an employee at Citigroup, has been placed on paid leave pending an internal investigation after he was identified as the operator of the most prominent website dedicated to the QAnon conspiracy theory, according to three people familiar with the matter.


Bank job cuts expected to top 60,000 globally in 2020


Led by HSBC, European banks account for the largest share of the announced reductions, according to a Bloomberg analysis.


Longtime CEO of Superior Choice Credit Union to step down


Gary Elliott will retire at the end of 2020, and the credit union has hired a search firm to help find its next leader.


How U.S. Bank remade its summer internship for social-distancing era


The Minneapolis company, like other banks, moved its program for college students online because of the coronavirus pandemic. Here’s a look at what improved and what was lost.


Wells Fargo resumes job cuts in break with rivals


Wells Fargo has started its long-awaited job cuts, breaking with some of its top U.S. competitors that have resisted workforce reductions amid the coronavirus pandemic.