As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices
The bank on Thursday said it would pull back from its DEI plans — saying it would end representational workforce goals, change the name of its DEI team and end some diversity-related standards in its hiring process.
Citibank Joins Private Sector Retreat From Diversity Initiatives
In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.
Citigroup Reforms Diversity Practices Amid Shifting Business Climate
Citigroup has decided to stop requiring diverse candidate slates for job interviews due to changing business conditions under President Trump. The bank is also renaming its Diversity, Equity and Inclusion team.
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.
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.
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.
DEI retreat widens as Citigroup and PepsiCo roll back diversity policies
The retreat from corporate diversity programs widened this week as Citigroup and PepsiCo announced rollbacks of their DEI policies amid mounting scrutiny from a new administration in Washington, D.C.
Citigroup axes DEI goals, makes major change on job interviews
It is important to note that we’re living in an environment where things are changing quickly,” CEO Fraser wrote.
Major bank pulls back on diversity in job hiring as Trump administration dismantles DEI nationwide
Citigroup's CEO announced it will no longer require a diverse applicant pool for job interviews and plans to change its DEI ...
Fearing Trump, Wall Street Sounds a Retreat on Diversity Efforts
Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial ...
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Morgan Stanley Shifts Gears on Diversity Amid Trump-Era Changes
Morgan Stanley has reduced its focus on diversity in its latest annual report, reflecting a broader move among corporations ...
Wall Street banks scrub DEI language from websites in latest retreat from corporate wokeness: report
Morgan Stanley, JPMorgan Chase and Citigroup have been erasing the speech from their websites, according to a report.
SEC Commissioner Hester Peirce, chip sector outlook: Market Domination
Market Domination hosts Julie Hyman and Alexandra Canal examine the latest market developments on Friday afternoon before the ...
Goldman Sachs ends IPO diversity policy citing legal developments
Goldman Sachs cancelled a four-year-old policy to only take public companies that had two diverse board members, a ...
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Goldman Sachs, Citi cut Ola’s target prices after weak December quarter earnings
Gold Goldman Sachs and Citi reduced their target prices on Ola Electric Mobility on lower-than expected performance in the ...
Plaid working with Goldman Sachs on raising $300M to $400M in tender offer
Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow ...