The push to diversify banking from within the industry

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The racial reckoning in America calling for diversity has touched every industry including banking.

The Washington Post via Getty Images, FILEAccording to a report from the-- a bank workers' advocacy group -- Black and Latino employees have a significantly smaller chance of holding an executive position in corporate banks in comparison to their white counterparts.

The study gave the financial industry a"C" grade for diversity. African American and Latino representation were given a"D" and Asian representation, a"C." Many banks including those studied in the CBB report released statements following the death of George Floyd, promising to diversify and provide racial equity."I would say that we would need more change beyond just adding more ranks of minorities into our leadership ... A two-prong approach would definitely help moving the employees up from the bottom that we already have, and then also recruiting more diverse talent, especially from those minority colleges," Laurel said.

 

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Hiring qualified minorities in the Banking industry is good business, promoting minorities bc of their ethnicity

🤣😂🤣

You'd think competency and integrity would be the highest priority as apposed to hiring based on race/ethnicity. This striving for 'diversity' seems a bit racist. What about diversity in the NBA?

The dps offices and post offices did that and are now two of the most miserable and inefficiently ran places on earth. Let the banks live please.

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BECAUSE ON AVERAGE BANKERS HAVE HIGHER IQ'S and it just so happens that African Americans on average have lower IQ's. not all, there are african ameircans who are bankers but stop trying to make it look as if there is no africans in banking due to racism

Where's the diversity in the NBA?

Surprised it's that high a grade

Should people be hired because of race or competence, integrity and personality?

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Retributions are wrong because a person is only responsible for their own sins not the sins of others!

America doesn’t other than its white counterparts to be rich.

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ABC News with the racial headlines again. Really helps with the racial problems in this country

If Ms. Robinson were to try to find out how many white applicants, including ones with good reviews, have been rejected without an interview by banks, she would be surprised.

This is what happens when some countries open their border for every nation on the planet, too many identities which create conflict and instability

When you don't have people that look like you, that can't understand you, and can't help you, it's hard to build that trust what kinda!bs if all men workd in banks women wont use them becos we dun look like them?fact is u don't want p.o.c becos you think they will rob u be honest

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I started my career in banking and very satisfied with my journey .. this article is a bit ... ummmmm 😩

We need to stop discriminating based on race and forcing employers to figure out which race their employees belong to. There is a growing community of mixed race people who do not belong to any specific race and they are getting left behind.

*infected

Everything is racist is if you think to hard and over analysis everything and put a victim mentality spin on it. Just like this Asian doctor trying to blame black on Asian hate crimes on white supremacy. Yes, you literally can't make this shit up.

Racial reckoning? So fifty years with civil rights intact in the law and this is just now happening? Do you see why the DNC is a fraud? Or are you still parroting that 'flip' narrative? By that thought maybe the Nazi Party flipped now too..? They're all Jews? God bless America

destroy racism be a better nation

shut up lol

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