The bank on Thursday said it would pull back from its DEI plans — saying it would end representational workforce goals, change the name of its DEI team and end some diversity-related standards in its hiring process.

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.

The retreat from corporate diversity programs widened this week as Citigroup and PepsiCo announced rollbacks of their DEI policies amid mounting scrutiny from a new administration in Washington, D.C.