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LATEST ARTICLES
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In 2010, Soumya Rajan was a senior private banker at Standard Chartered in Mumbai. Then she quit to set up Waterfield Advisors, a multi-family office and wealth advisory firm which now helps Indian families manage US$4.3 billion in assets. She tells Euromoney why wealth management in India is so exciting, which factors are driving new money creation – and why so many private banks are so bad at serving women.
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Andrew Cohen, executive chairman of JPMorgan Private Bank, talks to Euromoney about the war for talent, why diversity and inclusion have never mattered more, and what markets the private bank has in its sights.
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Retirement marks the end of a successful and well-timed career, and removes the most senior woman from Asian investment banking.
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Black-owned broker-dealers have largely been excluded from the mainstream of corporate debt and equity capital raising. The bulge-bracket banks are now working to correct this, inviting firms owned and staffed by racial minorities, women and veterans to lead their own deals and showcase their capabilities to corporate clients.
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The breadth and ambition of Santander’s diversity and inclusion programmes set it apart from its peers globally.
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Income, racial and gender inequality have been at the top of the news agenda for months. The financial sector now needs to go beyond programmes, initiatives and box-ticking and embed diversity and inclusion into all it does.
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Virtual meetings have afforded women greater visibility during the Covid-19 crisis, but little to nothing has happened. Will things finally start to change in the financial sector?
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EIB looks to help the most vulnerable and to encourage banks to take on more risk as it unveils a €5.2 billion package for non-EU countries.
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Saudi Aramco’s intention to list aims to clear up any doubts wealth managers may have about investing on behalf of women, but it also draws attention to the fact that, despite reforms, the full inclusion of women in Saudi society is still a distant reality.
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Wealth management was built by men for men, but now that women will become the largest beneficiaries of the $30 trillion intergenerational wealth transfer, the industry needs to overhaul itself. If it doesn’t, it will be letting down more than just its female clients.
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At the tail end of 2018, banks still seem to be a long way from equality.
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$2.4 billion in dedicated mandates; expectations to reach $20 billion to $30 billion by 2023.
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The announcement on Thursday that Shemara Wikramanayake will replace Nicholas Moore as CEO of Macquarie Group in November is significant for two reasons.
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The pitches for the Euromoney Awards for Excellence always provide a revealing window into the inner workings of banks and part of the fun of it all is to separate the grand statements from the reality.
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Improving social mobility, caring in the community, supporting employees in challenging times and committing to equity – Bank of America has shown a long-standing commitment to D&I.
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Which banks are doing the most to impress and attract their future employees? A potential young recruit gives her opinion.
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Tahira Raza was among Pakistan’s pioneering FWB's first employees 30 years ago, with a mission to advance female empowerment in the country. Having returned as chief executive, she is battling to compete with bigger local rivals.
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Gender pay gap disclosure has arrived in the banking industry, but a movement that aims to bring gender equality across the whole financial sector is just beginning. Euromoney speaks to some of the pioneers.
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Euromoney research shows disparity among regions in capturing the female wallet; hiring seems to be the quick solution.
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Next month, all UK employers with more than 250 workers must disclose the gender pay gaps for both salary and bonus.
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As chief executive of Westpac, Gail Kelly was a trailblazer for women in finance. She learned the hard way about the battle for equal pay. Now she is trying to use her experience to encourage others.
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Banks face lawsuits over pay inequity as regulators now take diversity into their own hands.
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The top three banks globally for diversity and inclusion (D&I) are Bank of Montreal, BNP Paribas and Barclays, according to data from Thomson Reuters.
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While an increasing number of studies point to diversity having a positive impact on business performance, it needs to be coupled with inclusion if financial services companies want to see cultural and societal change.
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Greater transparency on CSR would save banks from duplicated efforts while learning from each other.
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From challenging views on diversity in advertising to increasing productivity through homeworking initiatives, Lloyds is changing the way the corporations and society tackle D&I.
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Americas wealth management division partners with specialist investment fund to back tech companies with women at the helm.
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In a month that saw hundreds of thousands of women worldwide unite in disgust at the proposed policies of new US president Donald Trump, one Chinese investor has provided a shocking example of how pervasive a problem gender inequality still is in the financial markets.
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The finance industry continues to struggle with the disconnect between talk and action on diversity. Is it time for the activists to shake things up?