Citigroup Scales Back DEI Policies Amid Shifting Political Landscape: Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 21 2025
0mins
Source: Benzinga
Citigroup's Shift in Diversity Policies: Citigroup has announced a significant change in its diversity policies, deciding to no longer set aspirational diversity goals unless required by law and eliminating the need for diverse candidate slates in hiring practices. This move reflects a broader backlash against diversity initiatives in the U.S. following political changes.
Market Reaction and Broader Trends: Citigroup shares are trading slightly higher amid these announcements, which come alongside similar policy shifts from other companies like Accenture, indicating a trend of reevaluating diversity and inclusion efforts in response to the evolving political climate.
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Analyst Views on C
Wall Street analysts forecast C stock price to fall
18 Analyst Rating
15 Buy
3 Hold
0 Sell
Strong Buy
Current: 140.130
Low
87.00
Averages
131.00
High
150.00
Current: 140.130
Low
87.00
Averages
131.00
High
150.00
About C
Citigroup Inc. is a global diversified financial services holding company. The Company’s segments include Services, Markets, Banking, Wealth and U.S. Personal Banking (USPB). The Services segment includes Treasury and Trade Solutions (TTS) and securities services. TTS provides an integrated suite of tailored cash management, trade and working capital solutions to multinational corporations, financial institutions and public sector organizations. The Markets segment provides corporate, institutional and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products and commodities. The Banking segment includes investment banking, which supports client capital-raising needs to help strengthen and grow their businesses. The Wealth segment includes Private Bank, Wealth at Work and Citigold and provides financial services to a range of client segments. USPB segment includes branded cards and retail services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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