Meaningless Federal Financial-Institution Diversity Standards Just Released

DiversityInc by Barbara Frankel Six federal agencies recently released joint standards to assess diversity efforts of the financial institutions they represent. Unfortunately, the standards have no means of accountability — they are entirely voluntary and require only self-assessment. The standards…
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Greenlining Urges Bank Regulators to Bolster Draft Diversity Standards

Contact: Bruce Mirken, Greenlining Institute Media Relations Director, 510-926-4022; 415-846-7758 (cell) WASHINGTON – In comments filed late yesterday with federal financial regulators, The Greenlining Institute urges a number of changes designed to strengthen and clarify proposed joint standards for assessing the diversity practices of over…
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