UK Finance Watchdog Plans on Diversity Targets a ‘Bad Idea,’ Minister Says April 19, 2024 By Huw Jones Plans by Britain’s financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and...
Women in UK Financial Services Earn One-Third Less Than Male Colleagues: Data Show April 8, 2024 By Sinead Cruise and Carolyn Cohn Some of Britain’s top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies...
Women Lost C-Suite Seats in Corporate America, S&P Says April 5, 2024 By Simone Foxman Women’s representation in senior level positions at US companies faces an “alarming turning point,” with steady growth showing signs of...
Britain’s Financial Services Sector Faces Long Haul to Gender Parity, Report Says March 21, 2024 By Huw Jones Britain’s banks and other financial firms are boosting the number of women in senior management roles, but unless the pace...
Financial Services Firms Should Be Banned From Misusing Gag Orders: UK Lawmakers March 8, 2024 By Kirstin Ridley and Nell Mackenzie Finance firms in Britain should be banned from misusing non-disclosure agreements (NDAs) to silence victims of sexual harassment and abuse,...
Three More Women Join Crispen Odey Sexual Misconduct Suit March 7, 2024 By Upmanyu Trivedi and Tiffany Tsoi Three more women have asked to join a sexual misconduct lawsuit against hedge fund manager Crispin Odey and his eponymous...
Lloyd’s Hits 35% Female Leadership Target, Says it Has a ‘Way to Go’ March 5, 2024 By Kirstin Ridley Lloyd’s of London has hit a short-term target of filling 35% of leadership roles with women, although less than half...
Remote Workers Often First to Get Laid Off Despite Legal Risk February 20, 2024 By Khorri Atkinson Remote workers are more likely to be laid off or miss out on promotion opportunities than their peers who work...
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,”...