Banks, Insurers Ordered to Report Sexism and Bullying Cases in Britain February 15, 2024 By Kirstin Ridley and Carolyn Cohn Britain’s markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and...
Women in Finance Criticize City of London’s ‘Tokenistic’ Diversity Efforts January 18, 2024 By Olivia Konotey-Ahulu Testimonies from 40 women across banking, insurance, and asset management in Britain describe diversity and inclusion initiatives as often “tokenistic,”...
Some UK Financial Services Firms Keep Flexible Working to Boost Women in Workforce December 15, 2023 By Olivia Konotey-Ahulu As firms across the City of London consider clamping down on working from home, Schroders Plc is sticking to its...
Harassment of Women in Financial Services Eclipses Other Industries: Aviva CEO Blanc December 14, 2023 By Kirstin Ridley Amanda Blanc, the CEO of insurer Aviva, told British lawmakers on Wednesday that physical and verbal harassment of women in...
Fewer Than 10% of CEOs in Britain’s Largest Companies Are Women November 27, 2023 By Olivia Konotey-Ahulu Even as Britain’s largest companies are hiring women in executive leadership roles at the fastest pace in five years, there’s...
Corporate America Is Rethinking Diversity Hiring as Legal Challenges Rise November 22, 2023 By Jeff Green and Kelsey Butler The same conservative activists who helped gut race-related college admissions at the US Supreme Court have now set their sights...
Financial Services Firms Acknowledge ‘Awful’ Culture in UK Sexism Inquiry November 16, 2023 By Olivia Konotey-Ahulu Representatives from finance firms across the City of London said more work was needed to tackle gaping gender disparities in...
Lloyd’s to Invest $65M in Regions Affected by Transatlantic Slave Trade November 8, 2023 By Carolyn Cohn Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade, it said...
Odey Asset Management to Shut Wealth Business in Wake of Sexual Assault Allegations Against Founder October 10, 2023 Odey Asset Management is closing its wealth business, the UK’s Financial Conduct Authority said, months after its founder Crispin Odey...
Layoffs, Remote Working Hinder Diversity Push, UK Finance Executives Say September 28, 2023 By Huw Jones Layoffs, working from home and misguided tips on how to get ahead are hindering moves by financial firms on inclusion...