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Diane Publishing Books
Financial Services Industry: Overall Trends in Management-Level Diversity and Diversity Initiatives, 1993-2004
Orice M. Williams (au)
There has been concern about the financial service industryís (FSI) lack of workforce diversity, particularly in key mgmt.-level positions. Banks & securities firms had not made sufficient progress in recruiting & promoting minority & women for mgmt.-level positions. Also, minority-owned bus. have had difficulty raising capital (i.e., debt or equity capital). This report discusses: what available data show regarding diversity at the mgmt. level in the FSI from 1993-2004; the types of initiatives that the FSI & related org. have taken to promote workforce diversity & the challenges involved; & the ability of minority- & women-owned bus. to obtain access to capital in finíl. markets, & initiatives the FSI has taken to make capital avail. to these bus.
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