People

Spanking jokes and laddish culture: Women in finance say sexual harassment and bullying still rife

Investment banks, asset managers and law firms accused of paying ‘lip service’ to D&I and treating it like a ‘tick box exercise’ in FN survey

image
Women in finance say they still face major barriers to career progression Photo: Chris J. Ratcliffe/Bloomberg via Getty Images

The finance sector is struggling to purge its toxic culture, as women report they are still encountering sexism, bullying and micro-aggressions in the workplace.

A survey by Financial News ahead of International Women’s Day on 8 March has revealed things have not improved for women in finance, with 60% saying the “old boys’ club” is the number one reason preventing female professionals from getting ahead.

WSJ Logo