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Bank Of America Sued For Race Discrimination May 18, 2007

Posted by C.A.R.D in African Americans, African-American, anti-Black discrimination, Bank of America discrimination, Bank of America racism, Bank of America Racist, Black, Blacks, Card, Citizens Against Racism and Discrimination, Discriminate, Discrimination, North Carolina, Racism, Racist.
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Five black current and former employees of Bank of America Corp. have sued the second-largest U.S. bank, accusing it of racial discrimination by steering lucrative clients to their white counterparts.The 29-page complaint, filed Thursday with the U.S. District Court in Boston, contends that the bank discriminates against African-Americans in pay, promotions, training and support services.

It said the Charlotte, North Carolina-based bank regularly teams African-American workers together and assigns them to largely minority neighborhoods and low net-worth clients.

When the workers complained, according to the lawsuit, the bank said it believed that clients are more “comfortable” dealing with bankers and brokers of their own race.

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