Wall Street

Finance industry urged to hire more working class managers

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Reuters UK

By Huw Jones LONDON (Reuters) – Financial services companies should set “stretching targets” for appointing people from working class backgrounds to senior positions, a UK government-sponsored report said on Thursday. The finance industry is already making efforts to appoint more women, Black and ethnic minorities on to boards and into roles like chief executives and chairs but targets for socio-economic background have featured less in corporate diversity efforts. A taskforce commissioned by the government and led by the City of London Corporation surveyed more than 9,000 employees across 49 …

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