New York City Banking Commission votes to halt city deposits at Capital One  ...Middle East

The Hill - News
New York City Banking Commission votes to halt city deposits at Capital One 
source : The Hill ( Middle East ) () 38
The New York City Banking Commission has voted to end city deposits at Capital One and KeyBank due to the two institutions not submitting plans for how to prevent discrimination.   “Banks seeking to do business with New York City must demonstrate that they will be responsible managers of public funds and responsible actors in our communities,” City Comptroller Brad Lander said in a statement.   In a statement Thursday, the commission said that it voted to limit the deposits at the two banks because they “failed to submit required plans demonstrating their efforts to root out discrimination.” In a public hearing held Thursday, the commission heard from New Yorkers who experienced discr

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