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Philanthropic intermediary receives funding to scale impact

Philanthropic intermediary receives funding to scale impact

Moore Impact intends to reinvest to support “Power Champions” working at the intersection of racial inequality and Covid-19
Citi announces $1 billion Social Finance bond

Citi announces $1 billion Social Finance bond

Proceeds to support social projects across global emerging markets
M&T Bank launches $43bn Community Growth Plan to support underserved communities

M&T Bank launches $43bn Community Growth Plan to support underserved communities

Communities of color and small businesses will have access to loans and investments
Financial Inclusion

Financial Inclusion

One in ten U.S. adults are credit invisible, or have no credit at all
OCC fines Trustmark National Bank $4m

OCC fines Trustmark National Bank $4m

The bank violated the Fair Housing Act during the period 2014 to 2016
HSBC Venture Debt Program Reserves $100m to Support Women and Minority Led Start-ups

HSBC Venture Debt Program Reserves $100m to Support Women and Minority Led Start-ups

Early-stage capital will seek to bridge the gender and racial gap
Fifth Third Bank Co-Launches $180m Neighbourhood Investment Program

Fifth Third Bank Co-Launches $180m Neighbourhood Investment Program

New program will focus on nine majority-Black communities across seven states
Citizens Bank Rolls Out Deposit Feature to Support Underserved Communities

Citizens Bank Rolls Out Deposit Feature to Support Underserved Communities

Plus: Zions Bank achieves Bank On certification
Northwestern Mutual Announces $100M Impact Fund

Northwestern Mutual Announces $100M Impact Fund

Fund will direct investments to Black and African American communities as part of Northwestern Mutual’s work on diversity, equity and inclusion
OCC Expands Project REACh Financial Inclusion Work

OCC Expands Project REACh Financial Inclusion Work

Fifth Third Bank has become the latest to join the project, it announced this week
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Banking Exchange

BANKING EXCHANGE FLY IN CONFERENCE

CHICAGO, Illinois — NOVEMBER 7, 2024

Conference to be held at the University of Chicago, Booth Business School Downtown

This one-day event is open to all executives at U.S. financial institutions. On the agenda, will be:

  • How fintech and data will speed up change
  • Winning strategies for managing fraud and risk
  • The impact of AI on banking: opportunity and risk
  • Ethics, data and strategy in a digital banking world
  • Enhancing security in an open world

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