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Black-, Women-, and Veteran-Owned Banks Eye More of the US Bond Market


R. Seelaus; Siebert Williams Shank; Loop Capital; Mischler Financial Group; Samantha Lee/Insider
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Diverse banks are strong in municipal bonds, but now these firms are eyeing corporate America.
As social-justice issues gather steam, Wall Street is keen to be on the right side of history.
Minority-led firms have had limited chances in the corporate-bond market, but change is underway.
When a series of African American mayors took office throughout the 70s and 80s, few understood the significance this would have on one of the tinier pockets of the financial markets. ....

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