Culture and Talent, Member Exclusive

‘Injustice and inequity constrain our economy’: New coalition wants to advance racial and economic security in financial services

  • A coalition of 18 financial institutions has recently announced their commitment to improving racial and economic equity in financial services.
  • The coalition includes leading companies such as Morgan Stanley, Goldman Sachs, and Bank of America.
Rimal Farrukh | June 01, 2021
close

Email a Friend

‘Injustice and inequity constrain our economy’: New coalition wants to advance racial and economic security in financial services

 

subscription wall for TS Pro

0 comments on “‘Injustice and inequity constrain our economy’: New coalition wants to advance racial and economic security in financial services”

10-Q, Member Exclusive

Big Banks Q1 earnings: ‘Higher for longer’ rates create a questionable future

  • Net Interest Income took a downturn for some of the incumbent banks, impacting their financial performance in the first quarter of 2024.
  • While some of the big banks experienced growth in non-interest income this quarter, too, the impact of decreased Net Interest Income on revenues can ratchet up the focus to reduce costs and maintain earnings.
Sara Khairi | April 22, 2024
Member Exclusive

Letter from the editor: Banks don’t have a Gen Z problem – they have a major issue with UX

  • As the largest generation in history, getting Gen Z right is an existential issue, particularly for plain-vanilla financial institutions. 
  • But shifting the goalposts can be an effective way forward for banks and other FIs as they build for the future.
Zachary Miller | April 17, 2024
10-Q, Member Exclusive

On all things Jamie Dimon

  • In his annual letter to shareholders, Dimon shared his perspectives on a range of subjects. However, he placed a distinct focus on JPMorgan's efforts to advance its capabilities through AI.
  • On the same day, the company's annual proxy statement was also made public. Besides zeroing in on the growing significance of AI in banking, it highlighted the board's priority of planning for an orderly CEO transition in the medium term.
Sara Khairi | April 15, 2024
Member Exclusive, Payments

Payments Briefing: Exploring JPMorgan’s approach to payments through embedded banking solutions

  • JPMorgan identified a demand for the offering based on requests from its corporate clients, who highlighted the need for comprehensive financial solutions embedded into their own ecosystems. 
  • This year, JPMorgan has actively expanded its presence in the payments sector, aiming to develop new growth opportunities and deliver a broader range of interoperable products and services.
Sara Khairi | April 10, 2024
10-Q, Member Exclusive

A closer look at JPM’s Chase Media Solutions

  • JPMorgan Chase has introduced its newest endeavor, a retail media network named Chase Media Solutions. 
  • Breaking away from its traditional banking methods, Chase has embraced a rather unexpected and contemporary approach by stepping into a market already under the sway of major retailers.
Sara Khairi | April 08, 2024
More Articles