NYC Commission Votes to Freeze Municipal Deposits at Capital One, KeyBank

New York City’s banking committee voted Thursday to frost caller deposits astatine Capital One Bank and KeyBank, saying that the banks failed to taxable a program detailing steps they’re taking to “root retired discrimination” successful their operation. The 3-0 ballot by the commission, consisting of New York Mayor Eric Adams, Comptroller Brad Lander, and Commissioner of Finance Preston Niblack, means that Capital One and KeyBank won’t person caller ...