• Officials in New York City limited account deposits on Thursday at Capital One and KeyBank after the financial institutions failed to submit required anti-discrimination plans.
• The city issued mandates earlier this year for banks which hold public funds to detail “specific steps to combat different forms of discrimination in their operations.”
• An announcement from the office of New York City Comptroller Brad Lander claimed that Capital One and KeyBank “outright refused” to comply with the requirement.

Tagged: Banks