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GAY BANKERS, ONCE SILENT, SPEAK OF PROGRS AND HURDL
Big banks have been among the most vol supporters of gay rights the workplace. Many LGBT bankers ld the progrs but say diversy efforts still sometim fall short. * banks and gay *
It also created a Lbian, Gay, Bisexual, Transgenr and Alli Workg Group 2006 to tablish iativ for s muni, ctomers, and employe. Jt Nelson, -founr and print of the Natnal Gay and Lbian Chamber of Commerce (NGLCC), said a bank n be viewed as supportive of LGBTQ+ nsumers if adher to polici, practic, and servic geared toward the LGBTQ+ muny. There are many bankg products tryg to make fancial servic more accsible, but persistent service gaps n still make the experience loy at bt and discrimatory at worst for some — cludg the at least 20 ln lbian, gay, bisexual, transgenr and queer or qutng adults the U.
What's more, mortgag for queer homeowners tend to be slightly higher, stg nsumers thoands of while many stutns claim to be alli to the LGBTQ+ muny, that tends to be rporate pkwashg which his a far more homophobic tth. Meanwhile, officials om Bank of Ameri helped negotiate a homophobic bill North Carola that blocked nondiscrimatn laws om gog to effect. In 1988, the Dallas Gay Alliance started a cred unn for the lol LGBTQ+ muny.
The buttoned-up ranks of predomantly straight whe men who n the bankg world are makg more room for their gay and lbian lleagu. But as is mon wh the dtry's other diversy efforts, this one still falters somewhere between the soarg rhetoric and the on-the-ground the posive si, big banks have ma signifint stris shuttg down the equently overt discrimatn gay and lbian employe once faced, bankers say.
GAY BANKS
Long cricized as discrimatory, the policy has prevented many gay and bisexual men om donatg blood. The Food and Dg Admistratn revealed a draft of s new approach on Friday. * banks and gay *
No big-bank chief executiv are openly gay, and rank-and-file bank employe say some gay and lbian workers still hate to e out.
Stephanz was speakg on the sil of the third annual "Out on the Street" nference, an event voted to lbian, gay, bisexual and transgenr equaly on Wall Street.
GAYT PLAC IN NORTH CAROLA FOR 2020
Goldman CEO Lloyd Blankfe prid over this year's event, which by cince took place on the same day that Jason Colls of the Natnal Basketball Associatn beme the first active male player a major sport to e nference, and the largely posive reactn to the news om Colls, reflect the extent to which attus about homosexualy and acceptance of openly gay and lbian people have changed the fancial world and cheerful, nametag-filled atmosphere at Out on the Street last week seemed light-years removed om the turn of the century, when workg groups of gay Wall Streeters kept members' nam secret.
A top Merrill Lynch analyst at the time told New York Magaze that she didn't know of any gay lleagu her 10, 000-person the LeadBanks still face the ocsnal lawsu for allegedly discrimatg agast gay employe and ctomers. More broadly, however, fancial servic pani have received much-weled posive publicy for beg among the bt plac for lbian, gay, bisexual and transgenr people to work. "There were certa areas where you uld be gay and thrive, and there were certa areas where you uld not, " he Indtry DividWhen LGBT members ld the bankg dtry for creatg a welg environment, they're ually talkg about big stutns.