In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.

The bank will not have "aspirational representation goals" except as required by local law, CEO Jane Fraser said.

In announcing the changes, Citi became the latest major corporation to retreat from DEI goals, as Trump seeks to end the practice in the public and private sectors and directs gov

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.

Citi CEO Jane Fraser said the bank would renaming its diversity, equity, and inclusion team, among other changes, amid a growing DEI backlash.

Citigroup Inc. is ending workplace representation goals and removing requirements to interview job candidates from diverse backgrounds, citing pressure from the Trump administration.

The diversity, equity, and inclusion dominoes continue to fall, and Citigroup became the latest to tumble. CNBC reported that Citigroup CEO Jane Fraser sent a companywide memo Thursday, stating that it no longer require a diverse slate of candidates for job interviews,