Big banks like Bank of America and BlackRock are making changes to how they talk about diversity in their yearly reports. They're removing words like "diversity" and replacing them with words like "opportunity." This is happening because some people are criticizing these banks' diversity programs.
- Bank of America took out all mentions of "diversity and inclusion" from its report.
- BlackRock also removed many references to diversity.
- Other banks, like JPMorgan Chase and Goldman Sachs, also made similar changes.
- Citigroup stopped requiring diverse hiring.
| Bank | Changes |
|---|---|
| Bank of America | Removed 8 references to "diversity" |
| BlackRock | Removed 4 references to "diversity" |
| JPMorgan Chase | Removed almost all mentions of DEI |
| Goldman Sachs | Dropped a diversity-related pledge |
| Citigroup | No longer requires diverse hiring |
