NAACP Report Card: Banks Graded ‘C’ In Diversity

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  • Despite plans from the banking industry to add more than one million jobs between now and 2020 and data revealing that Blacks are obtaining more finance degree than ever, top banks are still lacking in diversity.

    The NAACP has released a report card, which has graded the five largest banks (Wells Fargo, Bank of America, Citibank, Bank of America, and JP Morgan Chase) on their diversity in employment. According to the press release, “top management positions remain firmly dominated by white employees.”

    Dedrick Asante-Muhammad, NAACP Senior Director of the Economic Department, spoke with NewsOne Now about the disparity.

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