Citigroup says some predecessor companies likely saw indirect financial benefits from slavery

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

NEW YORK (AP) — Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant…

FILE - A Citibank office is seen in New York on Jan. 13, 2021. Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800s, the financial giant acknowledged Thursday, July 27, 2023, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the U.S.

Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in BUSİNESS

Business Business Latest News, Business Business Headlines