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Citigroup deletes a dei -hiring policy, changes the name of the diversity department

citigroup bank logo getty citigroup bank logo getty

Citigroup’s major US banks join the list of US corporations that retreat to diversity, justice initiatives, and inclusion (Dei) during hiring.

Citigroup will no longer require a diverse pool of entrants for the interview, except as required by local law, CEO Jane Fraser said in a note on Thursday, on Thursday, Reuters reported.

The bank also plans to change the name of its department “Diversity, Justice and Talent Administration” on Talent Management and Interaction.

“It is important to note that we live in an environment where everything is changing rapidly,” Fraser wrote, noting that Citigroup is still calling “the best practice of having different prospects included in the hiring decision.”

Disney falls the controversial “Remogin tomorrow” as a Dei -initiative campaign initiative

Citigroup did not immediately respond to the Fox News Digital request.

Logo Office Bank Citigroup

Citigroup CEO announced the revision of its diversity, justice and practice of hiring on Thursday. (Getti Image)

The solution only comes a few weeks after other best bankers such as Goldman Sachs Issued a policy Requiring the acquisition of companies that have at least two different council members, and JPMorgan Chase is preparing to face criticism about DEI’s own practice.

President Donald Trump has initiated a new business climate that encourages Dei’s retreat. He signed several reviews for revision and potentially eliminating these practices.

During his first month as Trump signed an executive order that rules state bodies To study Dei programs In trading corporations, large non -profit corporations or associations and assets with assets at least $ 500 million.

Most recently Trump Administration Revised Federal Rules for Acquisition This week, the government is required to stop considering Dei at the contracts reward, coordinating with the broader efforts of the Department of Government efficiency (DOGE) on the fundamental transformation of federal operations.

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Vice -Chair Citi Client and Banking Leon Kalvaria talked to Fox Business “Maria Bartiram at the World Economic Forum last month, noting that the company plans” carefully “in the 2025 banking environment.

“There is so much (this) that it can happen potentially on the market, and we want to make sure we get our share,” Calvary said. “In this environment, we will continue to selectively add people where it makes sense.”

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Fox News ‘Alec Schemmel, Andrew Mark Miller and Fox Business’ Eric Revel introduced this report.

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2025-02-21 16:57:00

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