Financial News: The race and ethnicity gap – Finance sector’s deafening silence on diversity in its ranks

“Financial services executives have come out in droves supporting the Black Lives Matter movement, but tackling racial diversity within their own firms is a tougher challenge.

John Craven, chief executive of charity upReach, which works with banks and fund managers to increase socio-economic diversity, said that 72% of the 1,600 students the organisation has helped are BAME.

“A key challenge for students from lower socio-economic backgrounds, including those who are BAME, is that they often don’t have the professional networks or prior work experience that can be critical in securing top internships and graduate roles,” he said.”

(Source: Financial News, Paul Clarke and David Ricketts)

The full original article can be found online here

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