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Banks, Insurers Ordered to Report Sexism and Bullying Cases in Britain

Britain’s markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and other non-financial misconduct cases they have recorded since 2021 and how they have dealt with them. The Financial Conduct Authority …

Women in Finance Criticize City of London’s ‘Tokenistic’ Diversity Efforts

Testimonies from 40 women across banking, insurance, and asset management in Britain describe diversity and inclusion initiatives as often “tokenistic,” and lacking the “teeth” to make a change in an industry where misogynistic attitudes linger. The summary of a private …

Hong Kong Employees Demand 6% Raise to Work in Office Full Time

Hong Kong workers say they would need a 6% raise to give up hybrid work arrangements, a dilemma that’s expected to prompt more companies to reduce space and dampen office rents, according to a survey. More than half of respondents …

Some UK Financial Services Firms Keep Flexible Working to Boost Women in Workforce

As firms across the City of London consider clamping down on working from home, Schroders Plc is sticking to its policy of letting workers decide how much time they spend in the office. “Flexible working provides a strong link to …

Harassment of Women in Financial Services Eclipses Other Industries: Aviva CEO Blanc

Amanda Blanc, the CEO of insurer Aviva, told British lawmakers on Wednesday that physical and verbal harassment of women in financial services eclipsed other industries and that she had heard “absolutely appalling” stories. Blanc, giving evidence to the Treasury Committee …

Fewer Than 10% of CEOs in Britain’s Largest Companies Are Women

Even as Britain’s largest companies are hiring women in executive leadership roles at the fastest pace in five years, there’s a big hurdle to cross: they are still unlikely to be in influential roles overseeing the commercial side of the …

Financial Services Firms Acknowledge ‘Awful’ Culture in UK Sexism Inquiry

Representatives from finance firms across the City of London said more work was needed to tackle gaping gender disparities in the industry, even after companies have made gains in the past five years. Trade groups representing hedge funds, banks and …

Israeli Firms Try to Cope With Trauma, Worker Shortages, Missed Deadlines

Business as usual is rare right now inside the companies that power Israel’s $520 billion economy, as leaders try to keep operations going while offering emotional and other support to workers. The realities of the Israel-Hamas war are upending not …

UK Staff Coming Into the Office Now Outnumber Hybrid Workers: Survey

British workers coming into the office every day outnumber those who spend part of the week working from home, for the first time since the end of pandemic restrictions. A survey by recruitment company Hays Plc of nearly 15,000 white-collar …

Promotions, Raises Await Workers Who Come Back to the Office: Canadian CEOs

Top executives at Canadian companies are growing less optimistic that they’ll be able to coax their employees back into the office — so most plan to reward those who show up in person, according to a survey by KPMG. Only …