Diversity and equality

Bank of America invests in three more minority-focused lenders

10/26/20

Bank of America made three more investments in minority-focused lenders, bringing its total to 10 in the past two months.

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Access Denied episode 1: The wealth effect

10/26/20

Net worth disparities and the role housing and mortgage discrimination play in Black homeownership show that it's impossible to close the gaps without eliminating racism.

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Introducing Access Denied: Systemic racism in financial services

10/23/20

This five-part series is a comprehensive effort to explain the racial discrimination Black Americans face in our financial system.

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A debit account that rewards users for shopping at Black businesses

10/22/20

The media company Urban One has launched a new account that includes a prepaid debit card and encourages customers to buy from Black-owned business and lets them donate their cash back to charity.

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Dimon says he’s hopeful Biden would fix some of America’s issues

10/16/20

Jamie Dimon, the chief executive of JPMorgan Chase, said he’s optimistic a Biden presidency could solve problems including health care and economic inequality without damaging businesses.

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BofA makes progress on diversity, says there's more work to do

10/16/20

Racial and gender representation increased in most areas of the company, including among senior management, according to data the bank released Friday. Still, the percentage of women in the top three tiers of the firm remained unchanged from a year earlier at 41%.

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The Most Powerful Women in Banking 2020: Women do support other women

10/16/20

Jane Fraser, President of Citigroup and CEO of Global Consumer Bank, shares her thoughts on becoming the firm’s next CEO, expresses her gratitude for the outpouring of support she’s received, and pays homage to all the women who have paved the path before her.

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Banks that want equality must walk the talk

10/16/20

To help stop a cycle of systemic racism, bankers need to focus on advancing Black employees to leadership positions and create long-term relationships with Black-owned businesses.

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Top Citi banker Ray McGuire leaves to pursue NYC mayoral run

10/15/20

Ray McGuire, one of Citigroup’s top investment bankers, has been vocal about his ideas for improving education and access to health care in low-income and minority neighborhoods.

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How Ida Liu is bringing billionaires to Citi’s private bank

10/12/20

The unit as of September had 20% more clients than a year earlier. Liu, who is head of North America for Citi Private Bank, explains the changes she’s made to help her group attract and serve millennials, Gen Z, Asian Americans and families.

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