Why is that?
Every big bank would love to have more diversity in their mid and upper management. One challenge is that in the MBA world, where a lot of this talent comes from, banking is an unattractive choice for many women and minorities.
Why? Because frankly, not a lot of people in banking look like them. Consulting, tech, and media are more attractive. The below shows survey results of most desirable industries:
https://www.ebony.com/career-finance/black-professional-job-survey/
Trying to force diversity at places that would already love more diversity seems foolish. I’ve been to NBMBAA and NSHMBA conferences - banks fall all over themselves for talented people of color.
JP Morgan has an incredibly mature program around D&I, but even they struggle to attract and retain targeted candidates.
You can’t legislate every problem out of existence.
So I thought it was bad to be hired because of the color of your skin or what sex you are, Is that now ok again?
I think it is hilarious the people who support the left, the original part of racists, to include hiring by race now want to do it again, just with the other race.
The definition of insanity.
Apparently, they learned nothing from what happened in 2008 and that people are still trying to recover from that.
What can you expect from the democrats these day though?
$80 billion
Foreclosure.