Bank of America, diversity

Bank of America scraps diversity goals for hiring and interviewing candidates
Last year, the bank promoted 387 employees to managing director roles in 2024, more than half of whom were women and people of color.
Bank of America (BAC) Drops “Diversity” Hiring Goals amid Rising Legal Pressure
Bank of America (BAC) has revised some of its diversity, equity, and inclusion (DEI) initiatives in response to the changing legal scenario
Bank of America scraps diversity goals in latest Wall Street DEI retreat
On Tuesday, an annual report by the bank switched out numerous references to the word “diversity,” replacing them with “talent” and “opportunity.”
Wall Street’s DEI Retreat: Where Major Banks and Asset Managers Stand
The bank’s only DEI-related statements are nested under a section dubbed “Human Capital,” which contains the stated value of committing to “diversity and inclusion” but now also mentions “meritocracy”—a call to President Trump’s advocacy for “merit-based opportunities” across industries.
Bank of America drops diversity references, hiring targets in filing
The Charlotte-based bank removed references to its previous diversity hiring targets and a rule requiring managers to consider a broad range of candidates for job openings, according to its latest annual filing released on Tuesday. These modifications mark a departure from the commitments outlined in the company’s proxy statement last year.
Bank of America Redefines Diversity Initiatives in Trump Era
Bank of America, the second-largest U.S. lender, has revised its diversity initiatives due to changes under President Trump's administration. The bank eliminated diversity hiring goals from its policies,

BlackRock, DEI and Bank of America

BofA and BlackRock pare 'diversity' from reports as Wall Street's DEI retreat mounts
Bank of America (BAC) and BlackRock (BLK) are scrapping mentions of diversity from their annual reports as scrutiny of DEI ...
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BofA, Wells, Truist de-emphasize DEI in annual filings
A growing cohort of banks is backing away from diversity, equity and inclusion references. BofA uses “opportunity” in place ...
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Trump Demands Apple Ditch DEI After It Rejects Proposal: Here Are All The Companies Cutting Diversity 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.
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Wall Street banks scrub DEI language from websites in latest retreat from corporate wokeness: report
JPMorgan Chase, Morgan Stanley and Citigroup have been erasing so-called diversity, equity and inclusion language from ...
Bank of America’s top exec shares parenting advice: ‘Being a CEO’s child is not the easiest thing’
Bank of America CEO Brian Moynihan is used to commanding over 200,000 employees, but when it comes to his own children, he is ...