Citigroup removes the DEI employment policy, and changes the name of the Diversity Department

The Bank Citigroup in the United States joins the list of American companies that have retracted diversity, stock and integration initiatives (Dei) in the recruitment process.

CEO Jane Fraser said in a memorandum on Thursday that Citigroup no longer requires a variety of applicants for work interviews except for what is required in accordance with local law. Reuters mentioned.

The bank also plans to change the name of the “Diversity, Equity, Integration and Talent Management Department” to the “Talent and Participation Management” team.

“It is important to note that we live in an environment in which things change quickly,” Fraser wrote, noting that Citigroup still encourages “the best practice in the presence of a variety of views listed in employment decisions.”

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Citigroup did not immediately respond to the Fox News Digital request for comment.

The decision comes just weeks after senior bankers such as Goldman Sachs Politics removal Optimization of companies that include at least members of the Various Board of Directors requires, and JPMorgan Chase is preparing to face criticism of some DEI practices.

President Donald Trump has started a new commercial climate that encourages the retreat of DEI policies. He has signed multiple orders to review these practices and perhaps eliminate these practices.

During his first month in office, Trump signed an executive order directing government agencies To investigate the DEI programs In companies circulating publicly, large non -profit companies and associations and institutions with assets of no less than $ 500 million.

Recently, the Trump administration Refuctive federal acquisition rules The government this week is required to stop considering Dei when granting contracts, and consensus with the efforts of the Ministry of Governmental efficiency (DOGE) to mainly transfer federal operations.

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Citi Vice President of Customer and Banking Services Lyon Calvaria spoke with Maria Bartopiromo at Fox Business at the World Economic Forum last month, noting that the company plans to be “cautious” in the bank environment 2025.

Calvaria said: “There is a lot (this) that will happen in the market, and we want to make sure that we get our fair share of that.” “In this environment, we will continue to add people selectively where it is logical.”

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This report contributed to this report, Fox News, “Alec Simmel, Andrew Mark Miller and Fox Business.”