Gay banking
US Bank branch caters to LGBTQ+ customers. Shouldn't all banks be welcoming?
This feels like a cultural moment in Arizona.
U.S. Bank has opened its first branch in Arizona that caters specifically to people in the LGBTQ+ community.
The branch just north of downtown welcomes gay and trans people with rainbow signs and art that depicts same-sex couples, The Arizona Republic’s Russ Wiles reports.
Further, it tailors its services to the unique needs of gay and trans people, with staff members who “represent and understand the community’s needs,” Wiles reports.
You don’t hold to be LGBTQ+ to bank at the branch. All customers are welcome.
Need a break? Act the USA TODAY Daily Crossword Puzzle.It’s just that some customers are more welcome.
Should banking be based on sexuality and gender?
Is this a good thing?
It certainly isn’t erroneous to tailor a business to unique population groups. We have children’s shoe stores and big-and-tall men shops. There are gay bars and Western bars and even sports bars that micro-market to Chicago Cubs fans.
But this gentle of customization fo
The InterBank Lesbian, Gay, Bisexual and Transgender (LGBT+) Forum was formed in At the outset, it was a network of LGBT+ networks exclusively focused on investment banking. In , InterBank decided to restructure itself beyond investment banking to cover the financial services as well as the professional services industry.
Today, the InterBank LGBT+ Forum committee consists of the following member firms:
| ABN Amro |
| Accenture |
| Barclays |
| Bank of America |
| BBVA |
| Bloomberg |
| BNP Paribas |
| BNY Mellon |
| Citigroup |
| CME Group |
| Credit Suisse |
| Deloitte |
| Deutsche Bank |
| DTCC |
| EBRD |
| Euroclear |
| Evercore |
| FactSet |
| Fitch Group |
| Goldman Sachs |
| IG |
| ING |
| Jefferies |
| JPMorgan Chase |
| KPMG |
| London Stock Exchange Group |
| Lloyds Banking Group |
| Macquarie |
| Mastercard |
| Moody&#;s |
| Morgan Stanley |
| Natixis |
| Nomura |
| Northern Trust |
| PwC |
| Rothschild |
| Royal Bank of Canada |
| Santander Bank |
| Société Générale |
Standard CharterHow to Find an LGBT-Friendly Bank: A Guide for Inclusive BankingWhile the banking sector is shifting to better address customer needs, LGBTQ+ customers still often face systemic barriers in banking. If you're searching for a financial institution that more closely aligns with your values, here's how to find the optimal banks that verb LGBTQ+ folks. What makes a bank LGBTQ-friendly?Inclusive policies and non-discrimination practicesResearch from the National Endowment for Financial Education set up that two in five LGBTQ+ adults felt blocked or discouraged from getting financial services and products because of barriers or discrimination in how these services were designed. Furthermore, respondents who identified themselves as transgender were more than twice as likely to tell they've experienced discrimination and bias in the financial system than LGBQ+ cisgender men and women. Aspiring LGBTQ homebuyers experience discrimination in mortgage lending. According to a research notify conducted by the Urban Institute, homeownership rates for LGBTQ+ people are significantly lower I’m the only openly gay CEO in UK banking. LGBT people still face so many barriers | Updated: The City can put on a good show for Pride, but its C-suite record shows LGBT representation still has a extended way to depart, writes The Bank of London chief executive Anthony Watson A pivotal moment in my journey occurred at Microsoft in the preliminary s when a colleague made a vile and shocking gay slur to someone else in the room, not realising that I was gay myself. This incident shocked me so much, it empowered me to embrace my true identity and come out, despite open hostility to LGBT people at the time. Yet openly LGBT executives enjoy me are still a very infrequent sight in business. Whilst diversity is often championed, visibility and representation of LGBT people in particular remains disproportionately low, pointing to a glaring gap in corporate inclusivity. There certainly isn’t much diversity on demonstrate in FTSE board rooms, with only two openly gay CEOs: Antonio Simoes of Legal & General, who only assumed the role this year, and Stuar |