The initiative aims to impact the lives of at least one million Black women by 2030.
This follows the migration of Deutsche Bank’s prime finance and electronic equities business.
Just 9% of firms in the private equity industry are led by women or minorities.
The credit-sensitive rate is a milestone in helping the move away from LIBOR.
Some firms have used MiFID II and COVID-19’s structural shocks to gain market share.
Closing the gender pay gap is a business imperative for companies of all sizes and geographies.
Fraser made the announcement on her first day as chief executive of Citi.
Morgan Stanley now oversees $5.4 trillion of client assets across wealth and investment management.
An ecosystem has developed including crypto exchanges, banks, and new offerings.