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Shareholders want to hold corporate giants accountable for their commitments to racial equity and justice. The banks are fighting back.

Business Insider Fews App News Provider
Fews App Post Time 14d ago

Summary List PlacementIn the wake of George Floyd's death, a number of major banks and financial institutions announced billions in sweeping investments and donations to combat racial inequity along with internal plans to promote diversity.   Now, a group of investors representing over $1. 2 trillion in assets, the Service Employees International Union (SEIU)'s Capital Stewardship Program and CtW Investment Group, is asking some of those banks to have their plans, proposals, and policies audited by a third party, preferably a civil rights law firm.

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