Investment banking embraces diversity

Staff at investment banks are the most welcoming to workplace diversity, with over half saying diversity is ‘important’ to them.  

City staff were asked to rate the importance of diversity from one to five, with one representing ‘not important’ and five representing ‘very important’. Astbury Marsden, the recruitment firm who conducted the research, found insurance companies (39%) to be the least convinced of the importance of diversity.

Adam Jackson, Managing Director at Astbury Marsden said “Investment banks pride themselves on being fiercely meritocratic – they will take candidates exclusively from top-performing universities and business schools, regardless of race, gender or background. The global nature of investment banking and its client base means that workplace diversity is considered a real asset. Customer experience and overall quality of work across diverse international markets is likely to suffer if the culture is too monolithic.”