Want to restore trust in banks? Make banking boring.
You have probably met some conservative bankers in your time. Blue suit. Country club. Republican. Amalgamated Bank, on the other hand, counts itself as a progressive bank. Its clients include the Democratic National Committee, Hillary Clinton’s campaign and super PACs that back Hillary Clinton. It’s also majority-owned by labor unions and wants banking to be boring.
Keith Mestrich, president of Amalgamated Bank, spoke to Marketplace Morning Report host David Brancaccio about the institution’s progressive values. Click on the audio player above to hear more.
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