An article from

Dive Brief

A Black former BNY employee failed to show that his placement on a performance improvement plan was the result of race-based discrimination.

Published July 8, 2026

A BNY building on Oct. 12, 2022, in New York, N.Y. A former portfolio manager failed to show that his termination by BNY constituted racial discrimination, the 3rd Circuit U.S. Court of Appeals held.