To show its support for racial equity and economic equality, Bank of America announced an investment fund worth $300 million as part of its $1 billion pledge to support black and brown-led banks and b...
In October 2019, two renowned black-owned investment banks merged their firms to become a large financial firm that will lead the minority- and women-owned investment banking sector to match other maj...
Regions Bank is a brick-and-mortar bank that supports online banking and has a user-friendly mobile application for customers to use in other to meet customers' demands. According to Regions Financi...
Following the support for the National Black Business Month which is in August, Facebook has offered its support by launching an initiative that will both support and create awareness for black ent...
Rapper Killer Mike, also known as Michael Render, is advocating for more support from society to help black-owned banks thrive. The rapper has been advocating for black-owned businesses and banks for ...
In 2018, the Federal Reserve listed 23 financial institutions and banks that were owned by African-Americans. Many of these banks were created several years ago in an attempt to present African-Americ...
When the coronavirus pandemic hit the United States, little did business owners and corporations know that it is going to have a drastic effect on their businesses and finances. In fact, the pandemic ...
Netflix (NFLX) rrecently joined the wagon of organizations standing in solidarity against social injustice and racial disparity. Last week, Netflix announced its plan to put aside 2% of its cash...
Billionaire and investment mogul Bill Ackman, at the Forbes Philanthropy Summit, announced his plan to team up with minority-owned investment banks for a major business venture, specifically, female, ...
In the space of 5 years, 2001 and 2016, the numbers of black banks in the United States fell by 54%. What led to the fall is often related to either because some of the banks were acquired or they fel...