New York City commission votes to halt deposits at Capital One

The New York City Banking Commission voted to halt deposits into the city's bank accounts at Capital One (COF.N) and KeyBank (KEY.N) after the lenders failed to submit plans on their efforts to root out discrimination.
City Comptroller Brad Lander joined Mayor Eric Adams and the department of finance to announce the city wouldstop making depositsinto the two banks, Lander…

This story appeared on, 2023-05-25.
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