bankingdive19h
Dive Deposits: Goldman brings banking’s DEI retreat full circle
After scrapping a policy requiring board diversity for companies it advises, Goldman backed off its own equity initiatives.
Truist, Wells Fargo among latest banks to pull back on DEI
Truist and Wells Fargo have joined a growing list of financial institutions that are dialing back DEI references in their ...
Wells Fargo backs off DEI goals for executive hiring
Wells Fargo ends a policy that required diverse candidates for top roles as President Donald Trump pushes end to DEI policies ...
Warner Bros. Discovery Drops ‘Diversity’ And ‘Equity’ Language From DEI Initiatives: Here Are All The Companies Cutting DEI Programs
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...
Bank of America drops diversity goals for hiring
Bank of America Corp. is scaling back its workplace diversity goals and removing diversity-related language, aligning with ...
American Banker1d
Top banks eliminate or reduce DEI talk in annual reports
Banks' latest annual reports, filed in the early weeks of the second Trump administration, provide a window into how the ...
Goldman Sachs to roll back DEI policies, NY Post reports
Goldman Sachs (GS) is set to scale back some of its diversity, equity, and inclusion policies, changing course under the threat of possible ...
Wells Fargo (WFC) Becomes the Latest Bank to Rollback Diversity Rule for Senior Hires
Wells Fargo (WFC) has become the latest bank to announce that it is rolling back its diversity, equity, and inclusion (DEI) ...
Goldman Sachs poised to roll back DEI practices in annual report: sources
The issue was discussed by CEO David Solomon and the bank’s partners at their annual meeting in Miami earlier this month, ...
redstateobserver2d
Bank of America Ends DEI Goals, Focusing on Merit
Bank of America Makes Bold Move to Drop DEI Goals Following Trump's Executive Order In a significant shift, Bank of America has decided to eliminate its diversity, equity, and inclusion (DEI) goals, a ...
BlackRock, Bank of America Walk Back DEI Commitments in Latest Financial Reports
BlackRock, the world’s largest asset manager, and Bank of America scrapped language from their annual 10-K reports that ...
Observer2d
Wall Street’s DEI Retreat: Where Major Banks and Asset Managers Stand
The bank’s only DEI-related statements are nested under a section dubbed “Human Capital,” which contains the stated value of committing to “diversity and inclusion” but now also mentions “meritocracy” ...