Why Black-led banks are key to driving racial equity – BayStateBanner

Over the past year, racial equity has been pushed to the forefront of our national dialogue amid the furor of George Floyd’s death and the aftermath. The 100-year anniversary of the Tulsa Race Massacre and the establishment of Juneteenth National Independence Day as a new federal holiday are a stark reminder that the issue of racial inequity is intricately woven into our nation’s history, and that resolving it is an ongoing battle. 

At JPMorgan Chase, our view is that true racial equity will occur in our society when a person’s race is no longer a key determinant in the opportunities that come their way. In examini