Ignoring women costs the global financial industry $953b a year: Report

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SYDNEY (BLOOMBERG) - The male-dominated finance industry is missing out on more than US$700 billion (S$952.8 billion) a year in revenue by failing to listen to or tailor products for women, according to management consultancy Oliver Wyman.. Read more at straitstimes.com.

SYDNEY - The male-dominated finance industry is missing out on more than US$700 billion a year in revenue by failing to listen to or tailor products for women, according to management consultancy Oliver Wyman.

Many products that appear gender-neutral actually default to men's needs, with wealth products in particular not consistently designed for women's financial lives, the report said.

 

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