Women in banking: Advice on getting ahead from top JPMorgan execs
Always speak up, own your mistakes, let somebody else plan that office celebration and other tips from four women on JPMorgan Chase’s operating committee. ... Read full article
Always speak up, own your mistakes, let somebody else plan that office celebration and other tips from four women on JPMorgan Chase’s operating committee. ... Read full article
A growing chorus of CFPB employees are arguing that Eric Blankenstein, policy director of supervision, enforcement and fair lending at the CFPB, cannot be trusted to do his job fairly given his past blog posts. ... Read full article
A former Ocwen Financial executive is settling Securities and Exchange Commission charges that he engaged in insider trading related to his company's dealings with Altisource Portfolio Solutions following a CFPB enforcement action and its upcoming ... Read full article
Renaud Laplanche agreed to pay $200,000 and accept a ban from the securities industry to settle a long-running SEC probe. A LendingClub subsidiary and the firm's former CFO, Carrie Dolan, were also fined. ... Read full article
Our 16th annual Most Powerful Women in Banking rankings; why Regions did away with teller jobs; small banks lagging in deposit share; and more from this week's most-read stories. ... Read full article
The head of the agency’s fair-lending office cast doubt on a proposed reorganization of her office and raised concerns about blog posts written years ago by the political appointee overseeing the project. ... Read full article
Perseverance and commitment are two requirements to get more minority bankers into senior leadership positions. ... Read full article
Republicans are calling on the central bank to relieve all banks with less than $250 billion of assets from enhanced supervision that was established after the crisis. ... Read full article
At least six Trump administration picks to fill financial posts are still pending, but the bitterly partisan divide over Judge Brett Kavanaugh has taken up most of the energy in Congress. ... Read full article
The Federal Housing Administration is mandating that lenders originating new reverse mortgages offer a second property appraisal in certain cases. ... Read full article
AI-powered assistants will change the customer experience for the better, but first they must achieve a more human level of service, executives said during a discussion at Finovate. ... Read full article
Watt hearing suggests IG lessened her oversight; those who invest in a publicly traded bitcoin mining company can expect volatility. ... Read full article
Major banks including Goldman Sachs, Bank of America, Credit Suisse and JPMorgan Chase must face allegations that they conspired to prevent the "antiquated" stock loan market from evolving into a transparent electronic exchange. ... Read full article
The head of Charles Schwab Investment Management is disrupting the asset-management industry by introducing more straightforward ETFs, mutual funds and other investment products. ... Read full article
Working closely with her boss, Marie Chandoha, Seidlitz is on a mission to recruit and retain more female asset managers. ... Read full article
Fannie Mae and Freddie Mac issued new capital requirements for private mortgage insurers that will create big swings in carriers' asset reserves. ... Read full article
MUFG's Enid Jean-Claude and Ranjana Clark talk about their hope for the next generation of leaders, and it reflects a distinct point of view about what it takes to get ahead. ... Read full article
A big investment in data and analytics is paying off for KeyCorp, says Chief Information Officer Amy Brady. ... Read full article
Few small businesses in Puerto Rico applied for credit to finance recovery from hurricane damage. The reasons are instructive for financial institutions’ response to disaster recovery, the New York Fed says. ... Read full article
In a surreal echo of the Kavanaugh-Ford hearing, Federal Housing Finance Agency Director Mel Watt and an employee he is accused of harassing, Simone Grimes, testified before a House panel about the allegations. ... Read full article