Early-stage capital will seek to bridge the gender and racial gap
New program will focus on nine majority-Black communities across seven states
Plus: Zions Bank achieves Bank On certification
Network will help local governments engage with residents
40% of investors would increase ESG allocations if regular impact reporting was implemented
Partnership will accelerate technology at community banks across the country
Acquisition strengthens US Bank’s existing West Coast franchise
‘Perpetuation of inequality is a deepening problem, while pace of technology is increasing’ says Acting Comptroller
$120 million pledged by anchor investors including Microsoft, Truist Financial and Discovery to support low- and moderate-income minorities and rural communities
CEO Brian Moynihan is to lead the bank’s most diverse management team in history