Diversity and equality

Congressional Black Caucus members back Baradaran for OCC job

03/26/21

Mehrsa Baradaran, a University of California, Irvine, professor and former banking lawyer, has worked hard to close the racial wealth gap and could further such goals as head of the Office of the Comptroller of the Currency, wrote 34 caucus members in a letter to President Biden.

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JPMorgan plans to hire 300 Black, Latinx wealth advisers by 2025

03/26/21

JPMorgan Chase said it plans to hire 300 additional Black and Latinx wealth advisers by 2025 to serve more clients from those communities and allow employees from diverse backgrounds to advance in their careers.

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Citi hires Goldman's Erika Irish Brown to lead diversity efforts

03/26/21

Brown, who was most recently Goldman's chief diversity officer, will join Citigroup in the coming months as chief diversity, equity and inclusion officer and global head of talent.

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Citi, BNY Mellon earn top grades for pay gap disclosures

03/23/21

Bank of America, Wells Fargo and JPMorgan Chase also received high marks for transparency in reporting how they are paying women and employees of color, but Goldman Sachs, KeyCorp and Citizens Financial Group still have work to do, according to the advocacy investor firms Arjuna Capital and Proxy Impact.

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JPMorgan bylaws go gender neutral amid diversity pressure

03/17/21

JPMorgan Chase scrubbed its bylaws of gender designations as pressure grows from both society and investors on global businesses to show they are diversifying and becoming more inclusive.

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Wells Fargo, BofA push back against proposals for race audits

03/17/21

The two banks are pushing back against shareholder requests for sweeping audits of how they handle racial equity as the industry faces mounting public scrutiny of its historic role in economic disparities.

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13 CEOs launch Credit Union Women’s Leadership Alliance

03/15/21

The new group is made up of leaders from institutions with assets of $300 million or less and aims to help foster collaboration, mentorship opportunities and more.

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Citi has more women on its board than any other big global bank

03/15/21

Women now account for half of Citigroup's 16-person board, the most of the 20 largest global banks, after Michael Corbat stepped down as CEO and was replaced by Jane Fraser.

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