Finance & banking companies that rolled back or adjusted DEI policies

Written By Susan Mah

• US Bank - Restructured DEl efforts and reduced dedicated staffing.

• Citi — Eliminated its chief diversity officer position in a reorganization.

• Wells Fargo - Facing lawsuits and adjusting DEI-related hiring programs.

• Morgan Stanley - Facing scrutiny over its DEl hiring policies.

• BlackRock - Scaling back some ESG (Environmental, Social, and Governance) and DEI-related initiatives after political pushback.

• Goldman Sachs - Made quiet changes to DEI programs amid lawsuits and political scrutiny.

• PNC Financial Services - Shifted DEl strategies while reducing related roles.

• State Street - Rolled back certain DEl-focused hiring goals.

Susan Mah
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