Money20/20 believes women, Black and Brown people should have a louder voice and more seats at the table in financial services. We work to amplify those voices and open doors through our platforms and programmes, collaborating with our community to empower real change and erode systemic bias. Inclusion and difference simply makes us stronger.
As of 2019, among the 107 largest public financial institutions in the United States, only 6 had female CEOs | Deloitte
Not one "megabank" (i.e. the top 8 banks in the US) has a female or minority CEO, and less than 25% of senior leadership is composed of women and/or minorities | The U.S. House Committee on Financial Services
83% of tech executives are white | US Equal Employment Opportunity Commission
An analysis of 20 of the world’s top financial institutions in 2018 found that in Asia only 6% senior executives are female, in Europe 20%, in the US 33% | 20-first’s European Financial Services Gender Balance Scorecard
U.S. population consists of more than 50% women and 40% minorities, but the boards of directors of the nation's largest banks are composed of only 29% women and 17% minorities | The U.S. House Committee on Financial Services
The Do Better Pledge involves commitment to internal and/or external changes that move the dial on inequalities within financial services. We are asking companies to publicly agree to one initiative out of the below as well as being visible about it to your staff and the public. Writing a cheque is not enough to qualify.
We'll showcase the stories behind companies making a difference in the following ways: