Diversity
JPMorgan expands work experience scheme to increase social mobility
The Wall Street bank has rolled out its UK work experience scheme to Edinburgh
New Simmons & Simmons boss doubles down on diversity despite US backlash
‘Having a diverse culture is part of our DNA,’ says UK law firm’s new managing partner Emily Monastiriotis
3 min read
Barclays CEO says diversity commitment ‘unwavering’ despite scrapping US goals
The UK lender followed some rivals by scrapping formal diversity targets in the US
1 min read
Peel Hunt reports worst gender pay gap in UK investment banking
City investment bank pays female staff half as much as men
3 min read
Sophie Kennedy: ‘Becoming CEO of a wealth manager at 33 didn’t faze me’
The co-CEO of EQ Investors has weathered Trump and the ESG backlash. Now comes another challenge as its founder considers selling the business
5 min read
Schroders, RLAM set to pressure boards over axed diversity pledges
Fund giants could vote against executives who have rolled back their DEI promises
4 min read
FCA scraps plans for diversity and inclusion rules
Regulator’s U-turn comes as companies shift their stance on DEI
3 min read
Schroders boss promises senior hires and M&A for wealth play
Catch up on the top news in wealth management this week
4 min read
Boutique investment banks cut ‘diversity’ from reports amid US backlash
Elite boutiques including Evercore, Moelis and PJT Partners have removed ‘DEI’ or diversity references from annual reports as US president Trump pushes back
3 min read
FCA calls banks and insurers in latest harassment crackdown
Watchdog wants to know more after a landmark survey into non-financial misconduct
3 min read
Diversity ranking shows gap between US and European firms as political pressure bites
The effect of the roll back of diversity initiatives is likely to become more prominent, according to Equality Group
3 min read
Helena Morrissey: DEI schemes helped fuel backlash
The Diversity Project chair says some initiatives were exclusionary and prioritised identity over merit
‘It’s a reckoning’: City women fear being sidelined by DEI cuts
Some finance firms have promised they won’t give up diversity initiatives. But senior women are anxious about employers shifting their stance on DEI
BlackRock scraps DEI goals, creates ‘talent and culture’ group
The $11.6tn asset manager joins growing list of US financial services giants that have rolled back on DEI targets
Top UK banks show slow progress on improving gender pay gap
UK investment banks have closed the gender pay gap slightly, but big bonuses means change is slow
WhatsUp, boss: February’s diary
FN tours the lighter side of the City
3 min read
Goldman Sachs erases diversity targets from annual filing
Wall Street bank joins rivals in diluting DEI policies
2 min read
Barclays, Rathbones, Jupiter lag FTSE peers on women’s leadership roles
Only 11 London-listed banks and asset managers had executive committees that had 40% or more of women on them
4 min read
Coming soon: Black leaders in finance tell their stories
Find out more about FN’s new list of top Black executives in financial and professional services
2 min read
‘Salomon Sister’ Anne Clarke Wolff: Diversity is worse now than in the 1990s
The investment bank created to shake-up the stale, male world of dealmaking is facing a shifting political environment pushing back against diversity
5 min read