As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices
In announcing the changes, Citi became the latest major corporation to retreat from DEI goals, as Trump seeks to end the practice in the public and private sectors and directs gov
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 Rolls Back Diversity Initiatives—Here Are All The Companies Cutting DEI Programs
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.
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.
Citi becomes latest US company to abandon diversity targets
Citigroup is scaling back its policies around diversity, the latest US company to retreat from targets to promote a more inclusive workforce. Donald Trump’s return to the White House has intensified a backlash to diversity,
Citigroup Scales Back DEI Initiatives
The diversity, equity, and inclusion dominoes continue to fall, and Citigroup became the latest to tumble. CNBC reported that Citigroup CEO Jane Fraser sent a companywide memo Thursday, stating that it no longer require a diverse slate of candidates for job interviews,
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Citi gives CEO Jane Fraser a 33% pay boost
The bank credited its chief executive for her efforts with an ongoing reorganization, tech modernization and exit from Mexico ...
NetApp (NTAP) Receives a Hold from Citi
In a report released yesterday, Asiya Merchant from Citi maintained a Hold rating on NetApp (NTAP – Research Report), with a price target of ...
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Citi Embraces a Hybrid Work Model as More Financial Firms Call Employees Back to the Office
The move, announced by Citi CEO Jane Fraser in January, is garnering attention just as many companies are calling their ...
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Wells Fargo Active Cash® Card Review 2025: Unlimited 2% Cash Rewards, No Annual Fee
The Citi Double Cash® Card is similar to the Wells Fargo Active Cash® Card with no annual fee and earning 2% cash back on all purchases—1% when purchases are made and another 1% when they’re ...
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Wells Fargo sheds fourth consent order in a month
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...