UK Lawmaker Says 33 Firms Yet to Sign Women in Finance Charter

U.K. lawmaker Nicky Morgan wrote to 33 financial-services firms including Goldman Sachs Group Inc., JPMorgan Chase Co. and UBS Group AG seeking because they haven’t sealed on to a government-backed licence committing them to stuffing some-more comparison government positions with women.

Morgan, authority of a book name committee, is pressuring a firms about their fasten to a some-more gender-balanced financial-services industry. More than 160 companies have already sealed on to a Women in Finance Charter, that recommends companies essay to have 30 percent of comparison roles filled by women by 2021. 

Nicky Morgan

“The swell of a Women in Finance Charter is to be welcomed,” Morgan pronounced in a statement. “The aim, however, contingency be to see all firms in a financial zone pointer adult to a Charter and make a accordant bid to urge their gender diversity, quite in comparison roles.”

Virgin Money Chief Executive Officer Jayne-Anne Gadhia led a government-backed examination that found women done adult usually 14 percent of financial-services firms’ executive committees. The review, published in 2016, endorsed formulating a intentional charter, that asks firms to tell annual swell reports on their efforts.

A JPMorgan mouthpiece pronounced a bank was committed to a goals set out in a licence and was in discussions about signing up. A UBS orator pronounced they also upheld a beliefs underpinning a licence and were deliberation joining. Goldman Sachs skeleton to join, a chairman informed with a conditions pronounced final month.

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