Amidst the wave of media attention on Silicon Valley Bank’s demise is the misleading and misguided question of whether the bank was somehow too focused on diversity, and that led to its collapse – or at least its inability to prevent a collapse. With one of the least racially diverse boards and leadership teams of […]
The Greenlining Institute has released a guidebook designed to help these emerging companies address issues of diversity, equity and inclusion.
By Anna HrushkaBanking Dive The lack of diversity among leadership in the banking industry has long been used as a rallying cry for lawmakers and consumer interest groups who say the makeup of the sector’s decision makers doesn’t accurately reflect the demographic the industry serves. But a new California law, and a recent Nasdaq proposal, […]
Communities of color have historically been and continue to be excluded from powerful positions in government, corporations and financial institutions. For three decades, The Greenlining Institute has advocated for racial inclusion in spaces of power, including corporate boards of directors. These institutions broker power and negotiate racial equity, ultimately deciding who gets access to capital, […]
Urges Other Banks to Follow Suit
Sephora closed its stores in 2019 to hold diversity and inclusion training for its employees. Following weeks of protests against police brutality, companies have made a renewed commitment to tackling systemic racism.
Salesforce, known for calling its employees “ohana,” is taking that family mentality up a notch.
The financial industry is evolving quickly, but unfortunately it has remained static in one major way: Its leadership looks nothing like America.
By Meghan McCarty CarinoMarketPlace Has Wall Street really become more diverse since the 2008 recession? Spencer Platt/Getty Images The banking industry is coming under scrutiny on Capitol Hill Wednesday. A House Financial Services subcommittee is holding a hearing on diversity, or lack thereof, at the biggest banks in the country. After the 2008 financial crisis […]
