#GoodRead | Why Women Aren’t Making It to the Top of Financial Services Firms
Financial institutions have been employers of women for decades: historically as tellers, secretaries, and junior administrative staff. In the 1980s, however, pioneering women began moving into management roles and into frontline business areas, such as investment banking. Today 47% of management and professional roles in American financial firms are occupied by women, according to the U.S. Bureau of Labor Statistics.
But this seemingly impressive statistic disguises an underlying lack of progress of gender equality in financial services. Women still aren’t making it to the top.