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

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

The lender is scrapping “aspirational representation goals” and diverse job candidate requirements, as more companies abandon diversity, equity and inclusion efforts.