Committee for Better Banks study

A pedestrian walks past automated teller machines (ATM) at a Wells Fargo bank branch at night in Washington, D.C., U.S., on Thursday, Jan. 7, 2021. Wells Fargo & Co. is scheduled to release earnings figures on January 15. Photographer: Ting Shen/Bloomberg via Getty Images

Report Exposes Racial Inequality in Banking Industry

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By Chauncey Alcorn, CNN Business The banking industry has a race problem, and a new study is putting a spotlight on the inequalities within the nation’s largest financial institutions. For people of color, the chances of getting promoted to the highest levels of management or senior and executive leadership at some of the nation’s most

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