Get a handle on reputation risk before it's too late
More attention should be paid to strategically preventing and mitigating problems that harm bank reputations. ... Read full article
More attention should be paid to strategically preventing and mitigating problems that harm bank reputations. ... Read full article
The bank had told employees in November that it was reviewing their ability to work from home, but its CEO now says he had decided “hit pause on implementing any changes." ... Read full article
Nap pods and beanbag chairs are nice, but what employees really care about are personal respect and generous compensation. Oh, and it helps to be dog-friendly. ... Read full article
Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster. ... Read full article
The most important part of being a successful manager is ensuring your direct reports are succeeding. ... Read full article
Technological advancements are helping to empower employees, and many organizations, including banks, will need to shift their cultures to continue to attract the best workers. ... Read full article
Financial institutions can take steps to ensure they’re employing more women and people of color, including looking outside of the sector for talent. ... Read full article
Promoting diversity must go beyond putting women in the C-suite. It’s about creating products and practices that help support and elevate those who tend to be overlooked. ... Read full article
Acquiring fintechs can be a smart way for banks to access needed tech talent, but they must be careful not to stifle innovation in the merger. ... Read full article
Helping the underserved, especially abroad, can help banks retain top workers and boost profits. ... Read full article
Even with the decline, the nation's largest bank still employs a higher percentage of black employees in the U.S. than its rivals. ... Read full article
The retail lending unit of Marlette Funding meets regularly to make sure all employees are invested in its quarterly goals. ... Read full article
Promontory Interfinancial Network, a provider of bank products and services, goes to great lengths (sometimes literally) to retain its employees over the long term. ... Read full article
It can be hard for bankers to carve out opportunities to tackle complex problems in today’s always-on culture, but it’s important for getting ahead. ... Read full article
The nation's largest bank plans to consolidate employees from multiple office buildings into the 2.5 million-square-foot building. Construction is expected to be completed in 2024. ... Read full article
Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc. ... Read full article
The blending of two banks' operations is a "very unsettled time" for employees, says Russ Colombo, CEO of Bank of Marin. Moving as quickly as possible can help ease their pain. ... Read full article
When Zions Bancorp. in Salt Lake City decided to consolidate its seven bank charters into one, executives knew they would have to work hard to retain their most talented employees amid all the disruption. ... Read full article
The Best Banks to Work For study is a collaboration between American Banker and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies. ... Read full article
The phony-sales scandal forced a reckoning over an organizational structure that had long encouraged autonomy for the bank’s various business units. ... Read full article