Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number of women in management positions. Japan’s Financial Services Agency found a big discrepancy in responses from a regional bank survey …
When Rishi Sunak stepped up to the podium at the Vox venue in Birmingham in November, he had one mission: to convince business leaders to stay loyal after his predecessor unleashed economic mayhem. The UK prime minister was addressing the …
The Confederation of British Industry said it had fired its director-general Tony Danker and suspended three others after an investigation into complaints of workplace misconduct at the leading business group. One of Britain’s best-known business organizations, the CBI said it …
Seven of the UK’s 10 largest listed companies have failed to comply with the FCA’s new gender-diversity quotas, a reminder of the scale of the challenge facing businesses as they look to improve diversity in their upper ranks. AstraZeneca Plc, …
UK finance firms now have a higher proportion of women on their boards than their European counterparts, a rare boost for the City of London’s attempts to improve the industry’s diversity. Women made up 58% of new board appointments at …
Australian employers are failing to narrow the pay gap between men and women, with finance firms among the worst offenders. Females earned 22.8% less than males, the first time that progress has stalled since the government Workplace Gender Equality Agency …
The UK may be more ethnically and racially diverse than ever, but minorities working in the financial services industry continue to face discrimination, according to a new study. About 70% of ethnic minorities working in finance have experienced discrimination at …
Goldman Sachs Group Inc. paid out well over $12 million to a veteran executive who complained internally about a toxic workplace for women in the highest echelons of Wall Street’s most prestigious firm. The bank settled with the departing partner …
Women are leaving the top ranks of companies at higher rates than ever before — as female employees remain less likely to get promoted into leadership roles in the first place. For every woman at the director level who gets …
Financial services companies should set “stretching targets” for appointing people from working class backgrounds to senior positions, a UK government-sponsored report said on Thursday [Aug. 11]. The finance industry is already making efforts to appoint more women, Black and ethnic …
