SVB Reinforces Commitment to Inclusion in the Innovation Economy; Hires Tosh Ernest as Head of Access to Innovation 

Accomplished corporate diversity expert will lead SVB’s efforts to increase diversity, equity and inclusion in the innovation sector  SANTA CLARA, Calif., June 14, 2022 /PRNewswire/ — SVB, the financial partner of the innovation economy and parent of Silicon Valley Bank, today announced Tosh Ernest has been named Head of Access to Innovation, SVB’s signature initiative…

Bank of America, Citigroup Slammed for Discriminatory Policies 

Shareholder Proposals Criticize Diversity Policies That Favor Certain Groups Washington, D.C. – (4/26/22) The Free Enterprise Project (FEP) presented proposals at both the Bank of America and Citigroup annual shareholder meetings, each criticizing “equity” policies that give preference to members of certain racial, ethnic and sexual identity groups over others. “Diversity – including diversity of…

FTC Returns More Than $10 Million to Consumers Who Paid Hidden Fees to LendingClub

FTC also notifies additional consumers to apply for refunds The Federal Trade Commission is returning more than $10 million to consumers who were charged undisclosed fees by online lender LendingClub Corporation. The FTC is distributing refunds directly to more than 15,000 LendingClub customers and encouraging additional LendingClub customers to apply for refunds. The FTC sued…