After being agreeing to settle federal redlining charges for $9 million, Rhode Island-based Washington Trust said it will diversify its executive team and board of directors in an agreement with state officials there.
With the legislature and local governments beginning to make decisions on how to spend billions of dollars in federal relief funding, two economic experts on Thursday urged policymakers to be mindful of equity as they chart a path forward for recovery from the COVID-19 pandemic.
Today, many of these neighborhoods house Black and immigrant populations that have been excluded from an aspect of the American dream – building wealth through equity. Most recently, the spotlight came down on the role real estate appraisers might play in perpetuating undervaluation of homes in some neighborhoods or owned by people of color.
Rev. Dr. Martin Luther King Jr. dreamed big dreams and 57 years later they remain unfulfilled. But the message of hope and peace and unity is one that we need to hear now more than ever before.
Since George Floyd’s death, many banks have leapt forward with billions in pledges to communities of color. Those actions should be praised, but lenders must look beyond addressing racial diversity and economic inequality with charity if they want to thrive in a changing America.
Black executives at a pair of leading Massachusetts community banks and one of its biggest contractors have joined with other corporate leaders of color in Massachusetts to launch a social justice fund to support minority communities.
Berkshire Bank and Reevx Labs on Thursday will host the third part of its “Reimagining America” townhall series. Called “How to be a Strong Ally,” the online session will address how white allies can help build an equitable and inclusive economy that ensures all communities can thrive.
A coalition of organizations led by the Black Economic Council of Massachusetts is challenging the state’s institutions, including banks, to commit to take specific steps to achieve racial equality.
The push to make Juneteenth a state holiday has backing from the House’s top Democrat.
Union construction workers across Greater Boston marked Juneteeth with an 8-minute, 46-second moment of silence at 8:46 a.m. this morning.
Responding to the national debate on institutional racism and criticism from elected officials, the Boston Planning and Development Agency is creating a new position to focus on diversity issues.
The CEO of one of America’s biggest brokerages is urging his firm’s agents to use their business spending to further racial equity.
Massachusetts’ commercial real estate trade association has joined the growing list of business figures urging more attention to racial disparities in America in the wake of a Black man’s death in Minneapolis police custody last week.
Hopes for a just America cannot survive if the country does not come together to build a new system correcting centuries of racism, inequities and violence, Attorney General Maura Healey said Tuesday.
Boston Mayor Marty Walsh denounced an outbreak of violence and vandalism following largely peaceful protests against police brutality that filled downtown streets Sunday night.
A Sunday afternoon of mostly peaceful protests in Boston broke at nightfall when protesters clashed with officers, throwing rocks, breaking into several stores and lighting a police vehicle on fire.
