Bank of America Citibank

As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices

In announcing the changes, Citi became the latest major corporation to retreat from DEI goals, as Trump seeks to end the practice in the public and private sectors and directs gov

USA Today · 1d

Citigroup joins corporate retreat from diversity initiatives

The bank will not have "aspirational representation goals" except as required by local law, CEO Jane Fraser said.

Business Insider · 1d

Citigroup drops its diversity targets, renames its DEI unit

Citi CEO Jane Fraser said the bank would renaming its diversity, equity, and inclusion team, among other changes, amid a growing DEI backlash.

Bloomberg L.P. · 1d

Citi Scraps Diversity Goals, ‘DEI’ Term Under Trump Pressure

Citigroup Inc. is ending workplace representation goals and removing requirements to interview job candidates from diverse backgrounds, citing pressure from the Trump administration.

The Financial Times · 1d

Citi becomes latest US company to abandon diversity targets

Citigroup is scaling back its policies around diversity, the latest US company to retreat from targets to promote a more inclusive workforce. Donald Trump’s return to the White House has intensified a backlash to diversity,

Explícame on MSN13h

Bank of America to close in 16 states: exact branches

I n a significant shift reflecting the evolving landscape of banking, Bank of America has announced plans to close several of its physical branches across 16 states by 2025. This ...

American Banker7h

Miami's getting a new bank; Citi adds an accounting chief

FNB Corp marked the grand opening of its new downtown Pittsburgh headquarters this week. The bank owns and occupies the ...

New York Post7d

Warren Buffett’s Berkshire reveals stake in Constellation Brands, cuts holdings of Citi, BofA

In Friday’s filing, Berkshire said it lowered its Citigroup stake 74% to 14.6 million shares, and its Bank of America stake, until recently its second-largest common stock holding, 15% to 680.2 ...

bankingdive8d

Citi’s Sieg sees tech lag as an invitation to innovation

The bank’s market position – behind its peers – is a challenge that allows it to find ways to leapfrog competitors, Citi’s ...

Bank of America hires former JPMorgan executive to strengthen private bank, memo says

Bank of America has hired JPMorgan Chase veteran Mike Marino as the Georgia market executive of its private bank, according ...

Yahoo Finance3d

Bank of America Corporation (BAC)

Investing.com -- Kraft Heinz was downgraded by both Bank of America and Citi following its disappointing FY25 sales and earnings outlook, with analysts citing persistent revenue challenges and a ...

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