Access denied: Systemic racism in financial services

By: Tobias Salinger and Maddy Perkins
  • Summary

  • A comprehensive examination across many sectors reveals institutional barriers and outright abuse. How do we end the cycle?
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Episodes
  • The financial media
    Dec 28 2020

    Like in the industries its reporters cover, the lack of Black representation in business and financial media has created blind spots. Predominantly white newsrooms often miss stories about systemic racism or fail to reach an audience of more than one demographic.  In the wake of this summer's Black Lives Matter protests, there are serious implications for financial services, the reporters covering them — and an emerging group of professionals creating their own media. What can journalists like us learn from these Black voices? 

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    37 mins
  • Allocation and exacerbation
    Dec 7 2020

    Asset and capital allocations often exacerbate systemic racism across the financial services in some surprising ways. Innovators in the fields of asset management, banking, impact investing and pensions suggest there are also many ways to disrupt the cycle. Shifting the flow of capital could help reduce or eliminate institutional barriers and racial discrimination.

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    40 mins
  • Representation
    Nov 23 2020

    The lack of Black representation in the financial services stems from two interconnected problems. Black professionals face significant hurdles once they break into the industry. And the presence of nearly 175,000 Black financial professionals displays that their widespread absence at the upper executive ranks isn’t a product of there being an insufficient talent pool. 

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    47 mins

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