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Citi Action for Racial Equity Initiative Invests $1bn to Address Wealth Gap

Citi Action for Racial Equity Initiative Invests $1bn to Address Wealth Gap

Three-year commitment also supports minority communities with affordable housing and investment in Black-owned businesses
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
UN Confirms Banks Are Responsible for Human Rights

UN Confirms Banks Are Responsible for Human Rights

Advice follows complaint involving UBS and Hikvision
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