Asset management has a problem: women. Or, more accurately, the lack of them. Ninety percent of senior money managers are men. Why? While having a US, mature market focus W3BF believes there are universal if complex messages in the author's case.
With the exit of US bank chief executives like Ellen Costello, Ellen Alemany and, soon, Irene Dorner, the ranks of women at the top of major US banks are thinning out. Beth Mooney helps keep hope alive, but the expectation generally had been that she'd be getting more company.
Insurance evidently can be funny or so thinks a South African firm targeting women for its specialist products. Humour, showing the differences between the genders and focusing on values deliver insurance sales in this market. Would it in yours?
An ability to stay calm in a crisis will prove useful in Threadneedle Street, writes Sam Fleming
Chairwoman of Arab Businesswoman Council Sheikha Hussa Saad Al-Abdullah Al-Sabah stressed the need for innovative, swift, and sustainable solutions to the sharp international financial crisis and underlined the role and contributions of women and the need to broaden their involvement.
Women and the New Business Leadership by Peninah Thomson
The issues surrounding women and corporate governance addressed in this new book prompted some telling responses from male Board members and chairmen. Women bring more than just listening skills to a Board's group dynamic.
With the recent financial crisis helping to push board accountability into the spotlight, Lucy P. Marcus, professor of leadership and governance at IE Business School in Madrid, is urging companies to be more open to non-traditional candidates for their boards.
16% (9 women) of the Financial Times (UK) Women at the Top survey head up companies in banking and financial services, W3BF congratulates them and invites more women to pull others up the financial services ladder with dedicated education and training .
According to a US Institute report released this week, at the best places to work, trust, pride and camaraderie appear to overshadow pay for both men and women. W3BF asks is this your experience? Is it really the office parties? On-site child care?
The global recession means financial firms are seeking new and increased customer bases, and women feature strongly. W3BF promotes the development of financial products and services focused to women and this US Prudential 10 year study affords vital information for those seeking to understand women as financial consumers as well
Bringing the public and private sectors together to progress policy to implementation in the areas of women in banking and finance is a core value of W3BF. Hear ‘what works’ for women
in emerging markets and download the speakers’ presentations for new research results.
Making a profit in retail banking business is tough these days especially in the OECD countries.
Banks know that few new women customers are opening bank accounts on an annual basis so the existing customer base demands optimisation. In this advert Mastercard’s approach seems to focus on ‘deepening
Thinking about holiday corporate giving this year? Budgets are 'credit crunched' so make it really count. Invest into your women managers and employees where it pays right back to your firm immediately. W3BF can help your firm meet its women affirmation goals and add value to your bottom line.READ MORE >
The bells are ringing in the success for this multi-sectoral women's business Group based in the USA. We just thought it would lift your spirits and perhaps inspire others to join together to meet goals and perhapsachieve their dreams. Enjoy!
Redressing the gender imbalance at senior levels is stated as a reason that women in banking in Asia are starting to see a rise to senior positions. W3BF asks is this just amongst the international banks in Asia though? Is having children really the main barrier to women in banking to
When Gloria Steinham started Ms Magazine in the US in the 1970s she formulated the idea of introducing girls to the world of their fathers' work for one dedicated day a year as part of the Women's Liberation Movement. W3BF has prepared a programme for banks and financial institutions
There is little doubt that the Western banking system is 'submerging' while the 'emerging' markets growth is slowing down. This Los Angeles Times piece reminds us that Western banks' 'business pains' include loosing top women - but how many of them will end up as leaders of banks in non-OECD markets?
While the financial services community shed thousands of jobs weekly in the West competition for the remaining jobs and scarce new ones is getting fierce. Are women using all their resources and resorting to go 'back to anthropological basics' with this notion of Erotic Capital?
'Some women employees feel that these constraints are intensified by being forced to adopt the behaviour of the 'successful manager or officer' which has been established by men. They argue that women could find their own strategies which would achieve the same result.' ''
The talk about 'men = performance' and 'women = values' as drivers to marketing services in banking and financial sectors made us remember a favourite article on the business case for women and its premise that women = increased business performance.
We read this article thinking about how women in banking and finance in countries which both donate or receive donor funds view the issue of gender streamlining of projects (or not).
Mary L. Schapiro, US SEC Chair,
addresses women at the Women in Finance Symposium
on the topic of investor protection at the SEC
July 12, 2011
While at first this article seems to take a 'poverty-blog' tone we looked deeper and noticed similar issues to those in developed markets. How can there be no incentives for bank lending if profits are to be made with women bank customers?
For women bankers in SME lending and credit roles we thought this World Bank report might be of particular interest. It focuses on an objective fashion legal differentiations on the basis of gender in 128 economies around the world, including building credit.
This deposit taking microfinance firm is only the second granted a license by the Kenyan Central bank, providing credit and loans only to women. We thought their story had some valuable insights for women bankers globally in SME lending roles.
'i will be looking forward to see one day a UAE national female as a CEO in one of the banks, and seeing her working in specialized positions such as credit management, Investment, and internal auditing, such positions, that he is certain will be competently performed by her.'
Janet Bodnar is editor of Kiplinger’s Personal Finance magazine. During her career at Kiplinger, Bodnar has written about a wide range of topics on investing, money management and the economy.
Women working in large corporate enterprises, and particularly in the financial sector, may want to shake off the notion of the glass ceiling and find a way of communicating that is better suited to self-promotion and getting their voices heard.
W3BF.com is honoured to introduce to you, 14 of the Banking and Finance Awards Top 100 Arab Women in Business 2011. Meet these inspirational women here:
2010 Corporate Women Directors International Report: Women Directors in Largest Banks in Fortune Global 200
Chinese and European banks lead the way in the 2010 Corporate Women Directors International Report. Here are their key findings:
An interesting fact for you: women make up the majority of bank employees in China.
China’s official Xinhua news agency reported five years ago that women in China account for 65 per cent of all staff across the sector, and 49 per cent of mid-level managers