M&F Bank to Receive Investments From 4 Large U.S. Banks To Close The Racial Wealth Gap
Four of the largest U.S. banks have made equity investments in M&F Bank, which will leverage the capital to grow its franchise and better serve...
Tag : racial wealth gap
ServiceNow Launches $100 Million Fund To Increase Lending to Black Homeowners and Entrepreneurs
The computer cloud service provider is launching a $100 million fund to boost lending for homeownership, entrepreneurship, and neighborhood revitalization in Black communities....
While Black Americans Making Great Strides Handling Money, They Still Face Big Challenges To Close The Racial Wealth Gap
New survey shows that even though Black Americans are the most likely to invest regularly and demonstrate good saving habits, they had the lowest net...
Corporate America Has A Role In Narrowing The Wealth Gap
Corporate America has a huge role to play in the fight against racial inequalities and to close the racial wealth gap. Here are some steps...
$290 Billion Would Be Created in Black Wealth if The Revenue Gap Between Black and White Businesses Was Equal
A whopping $290 billion would be created in Black wealth if the revenue gap between what Black-owned and white-owned businesses generate were equal....
LISC Launching Project 10X, A $1 Billion Plan To Combat Racial Disparities
Local Initiatives Support Corp. is launching a $1 billion effort called Project 10X to bridge racial gaps in health, wealth, and opportunity....
President-elect Joe Biden Grabs Systemic Racism Experts For Economic Posts
President-elect Joe Biden is putting together his cabinet. When it comes to the top economic posts, Biden is taking a different route....
JPMorgan Chase Makes $30 Billion Commitment to Help Close The Racial Wealth Gap
JPMorgan Chase is committing $30 billion over five years to help Black and Latinx Americans develop wealth, buy homes, and grow businesses....
Mastercard Pledges $500 Million To Help Close The Racial Wealth Gap
Mastercard has unveiled its new commitment toward the racial wealth gap within the Black community with a new $500 million investment. ...
This Founder Wants To Help Close the Wealth Gap With New Virtual Summit For Black Girls
One Black woman is looking to help close the wealth gap for women with a new virtual summit aimed at instilling financial wisdom and confidence. ...