March 2, 2023
Via: American BankerAs more credit unions take steps to improve diversity, equity and inclusion, executives and other experts are debating how much progress has been truly made since the death of George Floyd in 2020. The culture war dominating the political news […]
August 2, 2022
Via: Banking DiveWells Fargo defended its 2020 diverse slate policy Monday by citing its own hiring statistics. External hiring volume in the bank’s U.S. roles increased 17% in 2021, compared with 2020, Wells Fargo said. At the same time, the bank’s external […]
June 7, 2022
Via: Banking DiveWells Fargo’s policy on diverse hiring came under fire last month, when a former executive in the bank’s wealth management division told The New York Times that Wells held phony job interviews for nonwhite and female job-seekers for positions that […]
March 29, 2021
Via: Banking DiveOn the surface, it may seem at times Citi has the progressive market cornered. This month, it became the first Wall Street bank to elevate a woman to CEO. In 2018, it became the first large U.S.-based bank to commit […]
September 29, 2020
Via: FinTech FuturesCiti’s new three-year initiative focuses on providing greater access to banking and credit in Black majority communities. The bank also plans to expand its investment in Black-owned businesses and see more Black Americans owning homes. “We are in the midst […]
February 24, 2017
Via: The New York TimesBanking and capital markets, often viewed as dominated by men, achieved high scores in a newly released survey measuring the diversity in their director ranks. In 2016, women made up 26 percent of the boards in the banking and capital […]
June 8, 2023
June 7, 2023