ESG

City firms keep quiet about DE&I spend and staffing

A&O Shearman and Santander were the only firms to disclose headcount in their dedicated DE&I teams when asked by FN

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Financial services firms are keeping their heads below the parapet as scrutiny of diversity programmes increases Photo: Getty Images

Some of the City’s top firms are keeping quiet about the resources they are allocating towards their diversity, equity and inclusion efforts.

Financial News asked more than a dozen of the biggest banks, asset managers and professional services firms for information about their diversity initiatives.

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