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$1.6 trillion needed annually to alleviate poverty, says Citi report

$1.6 trillion needed annually to alleviate poverty, says Citi report

Investors are increasingly considering ESG factors as global efforts to end poverty are hindered by the pandemic
State Street partners four black-owned firms for $1.5bn debt issuance

State Street partners four black-owned firms for $1.5bn debt issuance

Part of a longer-term commitment by the financial institution to hire black and Latinx-owned investment firms for its debt offerings
UN PRI calls on investors to integrate DEI into investments

UN PRI calls on investors to integrate DEI into investments

A paper published by the organisation also urged firms to consider DEI within their own teams
FDIC to target LA, Dallas and Detroit with #GetBanked campaign

FDIC to target LA, Dallas and Detroit with #GetBanked campaign

Campaign highlights the importance of having a bank account
Citi exclusively hires black-owned firms to distribute $2.5bn bond issuance for affordable housing project

Citi exclusively hires black-owned firms to distribute $2.5bn bond issuance for affordable housing project

Joins JP Morgan Chase and Morgan Stanley in growing group of financials scaling social mobility investment
Bank of America awards $1m to St. Petersburg college

Bank of America awards $1m to St. Petersburg college

Funds to support job placement for BME students and those struggling financially to achieve career goals
SMEs lag large firms in ESG disclosure and why it matters to Investors

SMEs lag large firms in ESG disclosure and why it matters to Investors

“Stark gap” between climate disclosures of large and small companies, report finds
JP Morgan Chase commits $75 million to close racial wealth gap

JP Morgan Chase commits $75 million to close racial wealth gap

Commitment that will span five years to help close the racial wealth divide in Greater Washington
New York Community Bancorp and NCRC pledge $28 billion to communities

New York Community Bancorp and NCRC pledge $28 billion to communities

The commitment will serve people of color, low- and moderate- income (LMI) families and communities, and small businesses
Movement Bank expands regional footprint to cater for underserved communities

Movement Bank expands regional footprint to cater for underserved communities

Movement Bank has confirmed it is expanding its footprint with the opening of a new branch in Randleman, North Carolina
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