Goldman pays female U.K. staff 56% less than male colleagues

03/16/18

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.

[more]

Mulvaney's revamp of CFPB should include its innovation hub

03/16/18

The Consumer Financial Protection Bureau's “Project Catalyst,” launched six years ago to help fintech companies navigate regulations, has failed to deliver.

[more]

Hensarling taps the brakes; Who is David Solomon?

03/16/18

House Republicans want more aggressive changes to Senate’s Dodd-Frank rollback bill; papers scrutinize the heir apparent to Lloyd Blankfein.

[more]

'Where does this conclusion come from?': Comments of the week

03/15/18

Readers opine on the prospect of regulatory relief, weigh in on the need for regulators to become more tech savvy, react to HSBC hopping back into U.S. mortgage lending and more.

[more]

What’s driving fintech M&A? See Experian’s recent deals

03/15/18

Legacy financial firms like the big credit bureau are seeking out financial technology to diversify themselves, bring new products to market faster and meet the needs of global customers.

[more]

Include short-term loan repayment in credit scores

03/15/18

Use of alternative data in traditional credit scoring would help consumers access the banking system and lower their cost of credit.

[more]

HSBC pays U.K. women 59% less than men, widest bank gap so far

03/15/18

The gap, already more than three times the national average, will widen to 60% this year, the company said in a report Thursday.

[more]

Mulvaney is reforming, not destroying, CFPB

03/15/18

The acting director’s five-year plan shows that he wants to bring moderation to the agency, not ruin it from within.

[more]

Where small banks can raise their 'very powerful' voice next

03/15/18

With substantial regulatory relief within reach, community bankers should use their clout to shape cybersecurity policy and ensure a level playing field for banks and nonbanks, retiring ICBA chief Cam Fine says.

[more]

Rate wars: Leaders and laggards in repricing consumer deposits

03/14/18

Online banks and some credit unions are responding to Fed rate hikes by aggressively raising deposit rates on CDs, savings accounts and money market products, while the nation's biggest banks are largely standing pat — for now.

[more]