Black Banks Largely Trail Asian and Hispanic Banks In Number And Assets — Hurting Their Ability To Boost Black Wealth
#BankBlack. Data show Black banks could use some support compared to other ethnic-owned banks. Find out more....
banking industry
Wells Fargo Pauses Diverse Slate Hiring Policy After Reports of Fake Job Interviews
Faking the funk! Wells Fargo & Co. pauses a diverse slate hiring policy after The New York Times calls the company out for fake interviews....
Black Entrepreneurs File Lawsuits Against Mercantile Bank Corp
Entrepreneurs in the suit say Mercantile sought to increase minority lending but took a "zero tolerance approach" when borrowers sought to make arrangements for missed...
$1.8 Billion Deal: BB&T Announces Plans to Buy National Penn
BB&T, a bank included on Black Enterprise's 2014 black corporate director's registry, will expand its presence in the mid-Atlantic region....
New Money: Harriet Tubman Could Be the Face of the $20 Bill
A non-profit is pushing for women to take over the $20 bill. Who would you vote for taking former President Andrew Jackson's place?...
10 Financial Institutions Hit By Hackers
With the recent cases of Home Depot and JP Morgan being hacked, we take a look at other financial institutions torn apart by hackers....
Bank of America Donates to Johnson C. Smith Student Employment Program
Thanks to a $500,000 donation from Bank of America, Johnson C. Smith can work to improve its student employment program...
BE 100s Billion-Dollar Club: Lessons from Top-Earning Black Business
Over the past four decades, only eight black-owned companies have surpassed $1 billion in revenues. Meet the companies that made it into that exclusive BE...
Help for Overdrafts: Wells Fargo Will Stop ‘Stacking’ Checks
Wells Fargo will begin processing customers' checks in the order they are received and stop 'stacking' them in order of amount....
Banking Malware Discovered on Google Play
Malware clones a bank’s original app and then uploads it the Google Play store....