banking
-
Bank of America Customers Woke Up to Zero Balances, Mysterious Transactions in a Bad Week for Banks
Customers took to social media to turn up the heat on the North Carolina-based bank for messing with their money.
-
Beyoncé’s Team Responds to Fashion Designer’s Claims He Didn’t Get Paid for Renaissance, Designer Claps Back Again
Nusi Quero, the designer at the center of it all, posted yet another cryptic message on social media over the weekend seemingly alluding to his original claims.
-
Bank in Arizona Calls Police on Black Man Trying to Cash Check from a Boat Sale
The manager of the bank told the police the heck was fake but later said the authenticity of the check was ‘inconclusive.’
-
A Black Woman Doctor Sues Chase Bank For Racial Discrimination
Banking while Black has led one Texas doctor to sue JP Morgan Chase for $1M for racial profiling and discrimination.
-
Netflix Invests $100 Million in Black-Led Financial Institutions
Netflix announces $100 million investment in Black-led banks to “help close the wealth gap.”
-
JP Morgan Chase Pledges $30 Billion in New Commitment to Reduce Racial Wealth Gap
JPMorgan Chase, the largest bank in the United States, announced Thursday that it is pledging $30 billion over the next five years as part of a commitment to address deeply entrenched racial inequality, particularly in housing and business. The multi-pronged plan, which dedicates billions of dollars in loans specifically for Black and Latinx households and…
-
JP Morgan Announces Policy Changes After Battling a Series of Racial Discrimination Allegations
After a couple of years battling complaints of racial discrimination by both customers and bank employees, JPMorgan Chase & Co. has pledged to increase efforts to diversify its workforce and make changes to how eligibility for certain banking products is decided. According to the New York Times, a memo was sent to bank employees on…
-
How This Black Woman Is Helping Advance Black Pathways Toward Financial Freedom
Thasunda Brown Duckett is considered one of the most powerful women in banking. She is currently the CEO of Chase Consumer Banking at JPMorgan Chase and helps lead Advancing Black Pathways. The initiative serves as an opportunity to “help black people chart stronger paths toward economic success and empowerment.” In this episode of A Word,…
-
Bank Calls Cops on Black Man Trying to Deposit Checks From Racial Discrimination Settlement, Wins Itself a Fresh New Lawsuit
You can try your boyfriend. You can try your wife. You can try that vegan diet your one annoying friend swears by. But don’t you dare try Sauntore Thomas from Detroit. Thomas, who recently won a racial discrimination lawsuit against his former employer, Enterprise Leasing Company of Detroit, received his settlement checks this week. Thinking…