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Two Black Owned Investment Banks Merging to form the Largest Woman and Minority Owned Firm

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Two Black owned investment banks are merging to form Wall Street’s largest woman- and minority-owned firm. Siebert Cisneros Shank & Co.…

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Why Black Banks Need Policy Support, Not Just Deposits

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Few institutions are as strongly connected to black communities as historically black banks. Where others see neighborhoods that are too…

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Billionaire Patrice Motsepe to form South Africa’s first Black Owned Bank

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Billionaire Patrice Motsepe is one of South Africa’s richest men. He’s also the first Black African on the Forbes list. In…

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Chicago Deposits $20 Million Into Its Last Black-Owned Bank

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Chicago City Treasurer Kurt Summers announced Monday a $20 million city deposit into Chicago’s last remaining black-owned bank, Illinois Service…

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The First Woman Bank Founder Was Black. She Just Got Her Own Monument

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Maggie Lena Walker was the first woman of any race to start a bank. St. Luke’s Penny Savings, gave loans to Black…

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Black Bank To Receive $1 Million From Billionaire

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Billionaire Democratic gubernatorial candidate J.B. Pritzker is making a $1 million deposit in Chicago’s last remaining Black owned bank. As…

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Chicago’s Largest Black Owned Bank has Closed

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Chicago has lost several Black-owned banks in the last few years, including Highland Community Bank and Covenant Bank. Unfortunately, another…

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6 Black Owned Banks in the UK

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Several members of the SHOPPE BLACK community in London and surrounding areas have reached out to us asking if we…

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29 Black Owned Businesses in Philadelphia

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I recently moved to Philadelphia and I must say, as someone who loves art and food, the City of Brotherly…

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