It’s no secret that banking and finance industries are male-dominated.
Like we’ve said before, only 38% of staff and only 20% of executives are women.
What’s strange and contradictory is that women are enrolling in college more than men, according to Pew Research data, and now account for 47 percent of the total U.S. labor force, as reported by the United States Department of Labor.
So what gives?
There’s no shortage of talk on how to bridge the gender gap. The problem is widely acknowledged, the benefits of a balanced workforce are recognized, the origins of the issue are being debated, and solutions are even being hypothesized.
Still, it’s slow moving to progress.
To paint the picture of the state of women in banking, we’re drilling it down for you with statistics and quotes that sum up where we stand and how the industry may move forward.