Bank stocks

Is capital haul too much of a good thing for Black-run banks?


The movement encouraging investment in banks run by African American management teams gained huge momentum in recent weeks, but a spat between one of those lenders and an activist investor highlights the potential downside.


'Buying Black' spurs huge gains in Carver Bank, Urban One shares


Carver Bancorp. and Urban One Inc., two companies that serve black and underrepresented communities, more than doubled on Wednesday as traders aid trends associated with supporting black-owned businesses amid global protests against police brutality.