Diversity
EU commissioner Maria Luís Albuquerque: Private markets can’t replace public trust
The bloc’s financial services lead tells FN that while alternative assets will be key to solving demographic challenges, transparent markets give savers confidence
3 min read
Finance leaders gather at Bank of England to break City’s ‘entrenched privilege’
Senior leaders from Morgan Stanley, BlackRock and St James’s Place are set to attend a roundtable at Threadneedle Street
2 min read
Wells Fargo backs FN’s 100 Most Influential Women in Finance
The US bank is principal sponsor for the 2025 list, while Herbert Smith Freehills Kramer and Datasite are also supporting the project
1 min read
Meet the female trailblazers in private equity
The annual list includes five new entrants
1 min read
‘I’m riddled with anxiety about it’: Working dads face tough choices about paternity leave
City firms are improving benefits for fathers, but some say change isn’t coming fast enough
11 min read
Why the City has to get a grip on class discrimination
Financial services firms need to unlock talent from less-privileged backgrounds
4 min read
JPMorgan expands work experience scheme to increase social mobility
The Wall Street bank has rolled out its UK work experience scheme to Edinburgh
1 min read
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
FCA scraps plans for diversity and inclusion rules
Regulator’s U-turn comes as companies shift their stance on DEI
Schroders boss promises senior hires and M&A for wealth play
Catch up on the top news in wealth management this week
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
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
3 min read
‘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
7 min read
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
3 min read
