BlackRock, Accused of Discrimination, Says It Can Do Better

  • Former employees Bengabsia, Nguyai spoke out in Medium post
  • Company says it strives for ‘culture of respect and belonging’

    

Photographer: Jeenah Moon/Bloomberg
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BlackRock Inc. said it’s instituting new measures to address diversity and inclusion issues after two former employees leveled discrimination complaints against the company.

The pair of ex-staffers, in a letter to BlackRock Chief Executive Officer Larry Fink posted Thursday on Medium, called on the firm to reform its practices, saying they experienced racial and religious discrimination during their time working at the world’s largest asset manager.