The difficulty for women to be accepted and included in the financial sector is prevalent:
- Ivy League universities weren't open to women until the late 60s.
- Trader Ginny Clark, now at boutique firm Beech Hill, was the first ever female trainee at Solomon Brothers and the first female block trader at Merrill Lynch in the late 1970s.
- In 2013, women in financial services comprised 54% of the work force, but only 16% of senior executives and none of the CEOs, according to an analysis of the Bureau of Labor Statistics by Catalyst.
However, positive steps have been taken in the past few years to integrate more females into the banking and financial world, epitomised by our brilliant event.
On the 17 November, we invited 120 young girls to HSBC HQ in Canary Wharf for our “Inspiring Women in Banking” Conference, partnered with HSBC.
They heard from a selection of successful women in the industry, talking about their careers, their experiences and to get some tips for their futures. Even though firms put a lot of effort to attract more female employees, banking and financial services sectors remain very male dominated. During this event, we focused on the opportunities for women to forge successful and fulfilling careers in banking and finance. There were inspiring presentations from the CEO of HSBC UK, Ian Stuart, as well as Head of Performance for Business Banking for Small Businesses - Jennifer Crawley, Area Director - Claire Brunning; Head of HR - Mandy Garner; and other Senior Managers of HSBC.
Watch the round-up below:
During the conference, four workshops took place:
In the next coming weeks, we will be releasing articles and video summaries on each workshop, highlighting the key points presented.
- Careers in Commercial Banking
- Careers in HR
- New careers: Fintech and digital financial services
- Careers in Retail Banking