Insight - Why Wall Street can’t escape the culture wars

Citigroup Inc chief executive officer Jane Fraser has stuck her head highest above the parapet with vaccine mandates to combat Covid and pledges of support for female employees in states that are banning or criminalising abortions.

WALL Street has always been involved in politics even if bank bosses sometimes want to pretend disinterest. In the past, they were able to stick mainly to battles about tax and regulation. Now, it is even harder to avoid the US culture wars.

Citigroup Inc chief executive officer Jane Fraser has stuck her head highest above the parapet with vaccine mandates to combat Covid and pledges of support for female employees in states that are banning or criminalising abortions.