Financial News: Big banks lean on eight elite universities for new recruits

John Craven, CEO of upReach, was asked by Financial News to comment on their investigation into the educational backgrounds of 600 investment banking trainees, which found continued elitism where more than half of trainees hired by London’s biggest investment banks come from just eight of the UK’s top universities.

John Craven, a former equity derivatives salesman who is now chief executive of social mobility charity upReach, said: “A minority of investment banks are addressing the diversity challenge in the sector, but much more needs to be done.”

(Source: Financial News, Paul Clarke)

The original article can be found online here.

Leave a Reply

Your email address will not be published. Required fields are marked *