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Human Resources - Banking Exchange
The rapid implementation of AI within banking and financial markets institutions has caused a decline in workplace culture
The regulation aims to ensure leaders of financial institutions do not take on excessive risk
The bank’s deal with a group of investors adds four new directors to its board
Job growth was 216,000 and unemployment was at 3.7% while earnings also rose
Wells Fargo told employees they will receive a cash payment of $1,000 if they made less than $75,000 last year
CEO appointments for BCB and BayFirst, plus a new credit chief at Western Alliance
Generative AI is a way to add more efficient access to knowledge and data that can help employees
The special committee will examine allegations of a toxic workplace culture and sexual harassment
The CEO of Citigroup Jane Fraser announced that a reorganization is imminent
Plus: New chief credit officer at Civista, and new CEOs at Morgan Stanley, RiverWind, and Provident Savings Bank
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