Why Black Executives Are Disappearing From Some Big Banks
Interactive Video
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Business
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University
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Practice Problem
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Hard
Wayground Content
FREE Resource
The video discusses the decline in the number of black executives in major banks like JP Morgan and Citigroup, despite efforts to boost diversity. It highlights the challenges in hiring and retaining black talent, with a lack of creativity and support being key issues. JP Morgan's CEO, Jamie Dimon, acknowledges the shortfall in diversity and outlines new initiatives. Some banks, like Wells Fargo, show improvement, while notable figures like Edith Cooper face unique challenges as minorities in executive roles.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Can you name any banks where the representation of black executives has improved?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What challenges does Edith Cooper face as a black executive in a major bank?
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