Ignoring Women Costs Financial Industry $700 Billion a Year

The video discusses the misconception of gender-neutral products in financial institutions, highlighting the potential $700 billion revenue opportunity if these institutions consider gender differences. It addresses the bias in algorithms, as seen in the Apple and Goldman Sachs case, and the gender imbalance in the financial industry. The video emphasizes the need for more women in senior positions to reduce biases and improve product offerings, while also noting the potential PR and financial benefits of addressing these issues.

What potential revenue opportunities exist for banks if they change their approach to product design?

In what ways could increasing female representation in senior positions affect product design?