Latest News for: Latino banking


Why liberal Los Angeles might reelect its conservative sheriff

Politico 23 May 2022
He is banking on the Latino vote and angst about public safety to carry him to reelection on June 7 in the reliably left-leaning area — and he could avoid a general election if he wins more than 50 percent of the primary votes ... Roughly 40 percent of Los Angeles County residents of voting age are Latino, according to data from the U.S.

Inside Business reveals its annual Power List and Top 25

The Virginian-Pilot 23 May 2022
Glynn, a founding member of TowneBank, is the bank’s president for Hampton Roads and northeastern Virginia. She’s responsible for overall banking operations in the region and the bank’s profitability, business development, lending and strong community relationships.Advertisement.

Racial minorities remain much more likely to be denied mortgages in Twin Cities, study shows

Democratic Underground 21 May 2022
Racial minorities in the Twin Cities are far more likely than whites to be denied a mortgage, regardless of their credit scores, the location of the home and other key factors, new research from the Federal Reserve Bank of Minneapolis shows.

Genius Move? NYC's Black Mayor Bucks Progressives on the Racial Chessboard of 'Gifted' Education

Black Hills Pioneer 19 May 2022
To help them, Adams and his new schools chancellor, David Banks, are staking a middle ground that embraces both competitive academics and diversity ... Even before the pandemic, according to Banks, families were leaving the troubled system in which 65% of black and Latino students never achieve reading proficiency.

Leto High grad returned to Tampa to raise money for immigrants and education

Tampa Bay Times 18 May 2022
“He (his father) purchased a stolen computer, as they do with Latinos ... Constantly, the Latino has to be the impostor,” said Torres, who had previously worked in a bank but did not like the experience ... Torres’ motivational speech during the 23rd Latinos Unidos Luncheon raised the bar.

Powell's Fed getting more diverse, but big gaps remain

Reuters 16 May 2022
Without any Latino policymakers at the central bank, "the voices of one-fifth of the citizens of America are repeatedly drowned out when the Fed is making critical decisions on economic policy," Menendez said in announcing his "no" vote against Powell's ...

Powell’s Fed getting more diverse, but big gaps remain

FX Empire 16 May 2022
Without any Latino policymakers at the central bank, “the voices of one-fifth of the citizens of America are repeatedly drowned out when the Fed is making critical decisions on economic policy,” Menendez said in announcing his “no” vote against Powell’s confirmation on Thursday even as a wide majority of other senators backed the Fed chief.

Cuentas Reports 40% Year-Over-Year Revenue Growth

Eagle-Tribune 16 May 2022
CUEN & CUENW) is a fintech e-finance and e-commerce service provider with proprietary technology that delivers digital financial services to the underbanked and un-banked Hispanic, Latino and immigrant populations including mobile and financial services, prepaid debit card, ...

Goldman Sachs boosts recruiting team in push to meet diversity goals

Reuters 14 May 2022
The bank says it wants to have 7% of its employees with the title vice president to be Black and 9% to be Latino in the Americas, while it plans to have women accounting for 40% globally by 2025. Vice presidents are typically senior roles at Wall Street banks ... The bank said it also aimed for 14% to be Latino and half to be women.

StemCyte Renews Contract with the California Umbilical Cord Blood Collection Program

Longview News-Journal 13 May 2022
To that end, StemCyte has successfully banked thousands of cord blood units from Latino, Asian and African American communities ... StemCyte is a regenerative cell therapy company that is developing cell therapy pipeline products as well as providing both public and private umbilical cord blood banking services.

Dallas Fed appoints first female president to succeed Rob Kaplan

Finger Lakes Times 12 May 2022
Federal Reserve Bank of New York executive Lorie Logan will become the 13th president of the Dallas Fed and its first female chief following a seven-month search. She will oversee the regional bank’s 1,200 employees and represent the Fed’s Eleventh District on the Federal Open Market Committee that formulates U.S.

Do the rich see inequality as a zero-sum game?

The Daily Democrat 12 May 2022
... have received far more in home loans than Latino homebuyers. They were then presented with hypothetical policy proposals for banks to increase, decrease, or maintain loans to Latino homebuyers — and they were told that the amount being loaned to white homebuyers would not change.

A baby formula shortage leaves desperate parents searching for food

Indian Express 11 May 2022
The shortage has been a challenge for families across the country, but it is especially palpable at grocery stores and food banks in San Antonio, a Latino-majority city in South Texas where many mothers lack health insurance and work at low-wage jobs that give them little opportunity to breastfeed.

Greenwood, Inc. Acquires The Gathering Spot Creating the Largest Combined Fintech and Community Platform for ...

Eagle-Tribune 10 May 2022
Greenwood, the digital banking platform for Black and Latino individuals and business owners, has announced the acquisition of The Gathering Spot, a private membership network focused on the Black community ... Greenwood is a digital banking services platform for Black and Latino individuals and businesses.

Congressional Democrats urge Dallas Fed to select a Latino for president

Finger Lakes Times 09 May 2022
Twenty-two Democratic members of Congress are urging the Federal Reserve Bank of Dallas to appoint the first Latino regional president to fill the top position that’s been vacant since October ... Of the nine members of the Dallas Fed board of directors, three are Latino. Of the six directors who will select the next president, two are Latino.

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