Diversity and equality

Truist’s marketing pact with NFL has social justice hook

01/14/21

A sponsorship deal between the regional bank and the league will emphasize economic empowerment and financial education. It's a good example of how corporations increasingly seek to associate their brands with a cause or purpose, experts say.

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Biden picks California official Isabel Guzman to head SBA

01/07/21

President-elect Joe Biden picked California official Isabel Casillas Guzman to lead the Small Business Administration, according to people familiar with the decision.

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Wall Street Pioneer on the Economy, Leadership and DE&I

01/06/21

If you haven't met Suzanne Shank you should. She is the chair and CEO of Siebert Brandford Shank & Co. LLC, the nation’s largest female-and minority-owned, privately held finance firm, which she started with the legendary Muriel Siebert. Join us in an intimate conversation and hear her perspective on some of the most critical issues of the day.

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New wave of fintechs make communities of color top priority

12/31/20

Challenger banks aimed at Blacks, Hispanics, immigrants and other underserved groups are offering financial education and support for charities in addition to basic banking services.

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Access Denied: The financial media

12/28/20

Just like the industries that they cover, the lack of Black representation among news outlets acts as a barrier against understanding and eliminating systemic racism.

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Citi’s record promotions for women still just 29% of total

12/21/20

Citigroup promoted 70 women in its latest class of managing directors, the most ever but still less than a third of the total.

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Commercial lending push at Black-owned banks gets results

12/13/20

The architects of two major loan deals featuring Black banks, one involving multiple lenders and a pro sports franchise and another backed by Citigroup, say more transactions like these are in the works.

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Black-owned banks band together to finance pro sports facility

12/10/20

Their $35 million refinancing of the Atlanta Hawks’s training complex is being touted as the first time that a professional sports team has secured a loan underwritten exclusively by Black banks.

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Citi looks beyond checks to make good on promise to Black banks

12/10/20

Citigroup is following up on a September promise to help these minority depository institutions finance as much as $50 million in affordable multifamily rental housing.

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Fifth Third commits $2.8 billion to help lift underserved communities

12/09/20

The Cincinnati bank joins a growing list of banks pledging billions of dollars to fight systemic racism and help close the wealth gap that exists between white and minority households.

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