Article Posted date
13 January 2023
1 min read
A report on Black employees in the Financial Services industry
From our day-to-day conversations with Financial Services (FS) leaders, we know they’re making a priority of inclusion, diversity and equity. We also know they want to drive meaningful change in their organisations.
Despite this, the Black community remains under-represented in the FS industry. Going by the last UK census, 18.5 per cent of people living in London identify as ‘Black’ or ‘Black British’. London being the nation’s financial capital, we might reasonably expect a similar percentage of FS employees in Britain to be of Black heritage.
The reality, however, is somewhat different.
What the report covers:
- Research findings
- The equality ecosystem
- IDE ownership structures
- Career lifecycles
- Data considerations
- Regulation and reaction