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

Women in finance say they still face major barriers to career progression
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