Tag: Diversity

Capital and Risk, Credit

As credit unions push for diversity, politics start to push back

March 2, 2023

Via: American Banker

As more credit unions take steps to improve diversity, equity and inclusion, executives and other experts are debating how much progress has been truly made since the death of George Floyd in 2020. The culture war dominating the political news […]


Wells Fargo to restart updated diverse hiring policy

August 2, 2022

Via: Banking Dive

Wells Fargo defended its 2020 diverse slate policy Monday by citing its own hiring statistics. External hiring volume in the bank’s U.S. roles increased 17% in 2021, compared with 2020, Wells Fargo said. At the same time, the bank’s external […]


Wells Fargo pauses policy mandating diverse interviews

June 7, 2022

Via: Banking Dive

Wells Fargo’s policy on diverse hiring came under fire last month, when a former executive in the bank’s wealth management division told The New York Times that Wells held phony job interviews for nonwhite and female job-seekers for positions that […]


Those footsteps Citi hears on diversity and inclusion are JPMorgan’s

March 29, 2021

Via: Banking Dive

On the surface, it may seem at times Citi has the progressive market cornered. This month, it became the first Wall Street bank to elevate a woman to CEO. In 2018, it became the first large U.S.-based bank to commit […]

Activity, Investment Banking

Citigroup promises $1bn to close US racial wealth gap

September 29, 2020

Via: FinTech Futures

Citi’s new three-year initiative focuses on providing greater access to banking and credit in Black majority communities. The bank also plans to expand its investment in Black-owned businesses and see more Black Americans owning homes. “We are in the midst […]

Activity, Corporate Banking

Banking Industry Addresses Diversity, Adding Women to Boards

February 24, 2017

Via: The New York Times

Banking and capital markets, often viewed as dominated by men, achieved high scores in a newly released survey measuring the diversity in their director ranks. In 2016, women made up 26 percent of the boards in the banking and capital […]