News Roundup

News Roundup (952)

Ensuring Worker, Customer Happiness is a Key to Boosting Growth

The key to boosting growth is to ensure employees and customers are happy. So reports ZDNet, citing a Forbes Insights study.


Goldman Sachs Wants Execs to Return $174M Following Corruption Scandal

Goldman Sachs is seeking to retrieve $174 million from current and former executives following the firm’s agreement on a $2.8 billion settlement connected to a Malaysian corruption scandal. So reports Forbes.


Ex-Georgia HR Head Sentenced to Prison for ID Theft Scam

A former Georgia human resources director has been sentenced to two years in prison following an earlier guilty plea on a single count of aggravated identity theft. So reports Albany Herald.


T. Rowe Price Hires First Global D&I Head

Mutual fund giant T. Rowe Price has hired Raymone Jackson as its global head of diversity and inclusion. So reports Citywire Selector.


Pilot Program Targets Black Recruits for Investment Banking Giant

Investment banking giant Morgan Stanley has debuted a pilot program intended to increase the ranks of Black financial professionals for its Fixed Income & Business Resource Management Divisions. So reports Reuters.


Asset Managers Get Failing Grade On Gender Diversity

Researching investments that put a premium on gender diversity is considered by less than 50% of asset managers. This undermines the industry’s call for more women in leadership roles. So reports Bloomberg, citing pension consultant Redington.


Target Arms Frontline Employees with $200 Bonuses Amid Covid-19

Retail giant Target has set aside $70 million in bonuses for 350,000 employees working during the holiday season amid the ongoing coronavirus pandemic. So reports ABC11.


Wells Fargo Axed 100+ Staff for Deceit in Collecting Covid-19 Relief Funds

Wells Fargo & Co. handed pink slips to more than 100 of its employees who are suspected of lying to secure coronavirus relief funds for themselves. So reports Bloomberg, citing a person familiar with the matter.


Gay Latino Ex-Goldman Exec Says Wall Street Is Far Behind On Diversity

A top former Goldman Sachs executive once seen as a potential CEO at the firm said that Wall Street has gained a greater appreciation of diversity during his 19 years working at the investment banking giant, but is still lagging badly. So reports Reuters.


Navigating Post Election Blues In Workplace

The November 4 Presidential Election may be over, but there is little let up for human resources leaders trying to maintain calm and civility in the workplace.


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