New York City Banking Commission votes to freeze NYC’s deposits at Capital One and KeyBank

Key Petroleum

25/05/2023 21:39

May 25 (Reuters) - New York City Banking Commission on
Thursday voted to freeze City of New York deposits at Capital
One  COF.N  and KeyBank  KEY.N , stating that the banks failed
to submit required plans demonstrating their efforts to root out
discrimination. 

 (Reporting by Manya Saini in Bengaluru; Editing by Anil
D'Silva)
 ((Manya.Saini@thomsonreuters.com;))