BlackRock, Bank of America and DEI
Bank of America, BlackRock drop DEI references in annual reports
Bank of America (NYSE:BAC) and BlackRock (NYSE:BLK) have removed diversity references in their annual reports, the latest companies on Wall Street to distance themselves from diversity, equity and inclusion initiatives amid recent political and legal pressure.
A growing cohort of banks is backing away from diversity, equity and inclusion references. BofA uses “opportunity” in place ...
Last year, the bank promoted 387 employees to managing director roles in 2024, more than half of whom were women and people ...
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Warner Bros. Discovery Drops ‘Diversity’ And ‘Equity’ Language From DEI Initiatives: Here Are All The Companies Cutting DEI ProgramsFollowing Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...
After scrapping a policy requiring board diversity for companies it advises, Goldman backed off its own equity initiatives.
Meanwhile, the latest report said that Wells' U.S. workforce was 54% female and 48% racially/ethnically diverse. It was 55% female and 47% racially/ethnically diverse at the end of 2023, according to ...
The bank’s only DEI-related statements are nested under a section dubbed “Human Capital,” which contains the stated value of ...
The issue was discussed by CEO David Solomon and the bank’s partners at their annual meeting in Miami earlier this month, ...
Truist and Wells Fargo have joined a growing list of financial institutions that are dialing back DEI references in their ...
Bank of America (BAC) has revised some of its diversity, equity, and inclusion (DEI) initiatives in response to the changing ...
Wall Street banks scrub DEI language from websites in latest retreat from corporate wokeness: report
Wells Fargo and Bank of America have also started to scrutinize their own DEI language, some of the people told the ...
The Bank of America CEO, speaking Tuesday, said the real issue behind the president’s de-banking jab was “over-regulation.” ...
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