Credit Suisse bank has taken an interest in several markets, among them – the African-American business community.
?Data clearly shows that African-American business owners are under-represented among all business owners and are generally underserved by large, global financial institutions,? said Pamela Thomas-Graham Credit Suisse?s head of the new division.
The Entrepreneurs Circle, part of the bank’s Private Banking and Wealth Management New Markets initiative, will offer valuable resources to Black business owners. The list includes Tonya Lewis Lee and Grammy award-winning singer/songwriter John Legend who, along with 10 other business owners, will have access to bank loans and the company?s wealth advisors. Other members include Sheldon Gilbert ? Founder and chief executive of Proclivity Media, a cloud-based predictive analytics company; William Heard ? Chief executive and chief information officer of Heard Capital, LLC, a global long/short hedge fund; and Heather Hiles ? Founder and chief executive of Pathbrite, a developer of education technology focused on collaborative learning.
Read more at Tech Crunch.