“Apple’s inclusion of minority-owned banks in a recent debt offering has drawn praise from the Rev. Jesse Jackson,” Julia Love reports for The Mercury News.
“Two minority-owned financial services firms — Williams Capital and Ramirez and Co. — landed roles in Apple’s $6.5 billion debt offering announced earlier this week,” Love reports. “Jackson, who has led calls for greater diversity in tech, said in an interview with SiliconBeat earlier this week that the move marked a key step forward for minority-owned financial services firms that want to do more business in the valley. ‘It’s a great breakthrough,’ he said. ‘These companies are very effective, but they have not had access to the table to make their case.'”
“‘We’re proud to have a range of banks participate in our recent debt offering, including two well-respected minority-owned companies, Williams Capital and Ramirez & Co.,’ Apple spokeswoman Kristin Huguet said in a statement to USA Today, which first reported on the banks’ inclusion,” Love reports.
Full article here.