FDIC Teams Up With Microsoft and Truist to Create Fund to Invest in Minority-Owned Banks - NewsBreak
By Ulises in Business
Updated 3 years ago
The FDIC will this week unveil an investment fund that offers investors a way to support banks owned by and in support of people of color. Microsoft and Truist Financial are so-called anchor investors in the fund, each putting in tens of millions of dollars to help it launch. FDIC...