News Highlights : Top Financial Services News of the Day
05/19/2021 | 12:16am EDT
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Bank of America to Raise U.S. Minimum Hourly Wage to $25 by 2025 Just over one year after raising its U.S. minimum wage to $20 an hour, Bank of America said it plans to raise its hourly minimum to $25 by 2025.
HgCapital Aims for Up to $1 Billion With Debut Debt Fund HgCapital is pitching a new fund that would provide debt to the private-equity portfolio companies that the London-based firm backs.
JPMorgan Puts CEO Contenders in Charge of Consumer Operation JPMorgan Chase is putting two of the contenders vying to succeed CEO Jamie Dimon in charge of its consumer-banking operation, further cementing them as front-runners to lead the U.S. s biggest bank.
April 19, 2021
The stark economic realities and inequalities in the United States have been laid bare by the uneven impact of the COVID-19 pandemic. Some have made great financial gains, but losses have fallen heaviest on those who can least afford them, spotlighting the impact of racism on federal, state and local economic policies and outcomes.
In the final webinar of the College of Arts and Sciences’ (A&S) yearlong series, “Racism in America,” panelists will focus on the many ways racism shapes economic policies, and how economic policies shape inequality in America. The April 27, 7 p.m. event, in partnership with the School of Industrial and Labor Relations, is free and open to the public registration is required.