HousingWire, August 13, 2019: House committee: Big bank leadership is mostly white, mostly male
A review of the nation’s largest banks reveals that not a single female or minority sits at the helm as CEO.
This revelation was made by the House Committee of Financial Services as part of its ongoing effort to “hold big banks accountable” by enforcing diversity and inclusion.
According to the committee, leadership at the nation’s megabanks is mostly white and mostly male.
While the general population comprises 50% women and 40% minorities, the boards of directors at the country’s major financial institutions are decidedly less diverse, made up of 29% women and 17% minorities, the committee stated.