The bank on Thursday said it would pull back from its DEI plans — saying it would end representational workforce goals, change the name of its DEI team and end some diversity-related standards in its hiring process.

In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.

The lender is scrapping “aspirational representation goals” and diverse job candidate requirements, as more companies abandon diversity, equity and inclusion efforts.