Black Lives Matter
Of 1,500 senior bankers in the City, just 22 are Black: ‘We’re hitting our heads against a brick wall’
Despite major banks setting up programmes and new targets, the number of senior Black bankers has increased by just two
Goldman Sachs slightly improves proportion of senior Black employees
The absolute number of top Black employees at the bank has fallen, however
1 min read
Special report: The uncomfortable truth about race in the City
FN tracks the pace of change in the finance sector
2 min read
KPMG global ESG boss: Treat DE&I as more than ‘compliance tick’ to win talent war
Only one percent of KPMG partners in the UK comprise individuals of African or African-Caribbean descent
2 min read
10,000 Black Interns Foundation CEO: If your firm doesn’t care to be inclusive, ‘get out’
CEO Rebecca Achieng Ajulu-Bushell: 'If you are not doing enough to prioritise the things that are important to them, they will go somewhere else'
2 min read
10,000 Black Interns picks former Great Britain swimmer as new CEO
Rebecca Achieng Ajulu-Bushell to oversee the charity’s expansion as it looks to ‘very literally change the face of British business’
3 min read
Juneteenth and the struggle for diversity in the City
Financial News brings you the top stories we’ve covered in recent years as the issue moved up the agenda
5 min read
London activist Tulipshare dealt blow after Salesforce shareholders veto racial justice audit
Tulipshare submitted the plans for a probe after two Salesforce employees resigned and then took to social media to slam its culture
3 min read
Nearly half of tech employees face racist abuse in workplace, poll finds
Survey comes amid calls to fight racism and improve diversity across the tech sector
2 min read
Why this Ex-Goldman banker pivoted his startup from sport to racial inequality
Nii Cleland pivoted his startup Flair from a social network for young football players to one helping firms measure racial progress
4 min read
£11tn investor group warns it will vote against companies lagging on race
Big names such as JPMorgan AM, Aviva Investors and LGIM will look to oust directors if firms don't step up on diversity
3 min read
More than half of Black City employees fear being stereotyped
The Financial Services Skills Commission and Financial Services Culture Board’s survey is the largest of its kind looking at inclusion in the City
City must ‘own the bad numbers’ on ethnic diversity and start talking about action
Diversity Project event calls on financial services not just to collect the numbers, but to discuss what might affect change
More than 70% of Black City professionals have faced discrimination
Survey of 800 revealed nearly half of Black employees think their employer's culture made it harder to progress
An audience with Swiss Re’s Moses Ojeisekhoba: ‘Awareness is not a proxy for change’
The global head of Swiss Re’s reinsurance business talks diversity, hybrid working and how Covid-19 impacted the insurance sector
How a City fund manager’s idea to hire 100 Black interns spread to Goldman, Google and TikTok
Jonathan Sorrell, the president of Capstone, kicked off #100BlackInterns with a WhatsApp message
8 min read
The economic cost of racial inequity at work put at $58.7bn per year
Some 42% of Black workers in the US said there were instances when they felt they were treated differently on the job because of their race or ethnicity
4 min read
How Black Lives Matter shone a new light on inequality in the City
One year on from the killing of George Floyd: ‘It cannot go back’
11 min read
Dawid Konotey-Ahulu: ‘Your workforce will not stand for employees being treated badly’
The co-founder of 10,000 Black Interns is optimistic that there is still ‘real momentum’ to change how minorities are treated by businesses
6 min read
BlackRock appoints law firm to probe claims of discrimination and ‘machismo’ culture
BlackRock boss Larry Fink said he's 'deeply disturbed' by the reports of misconduct
5 min read