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City firms keep quiet about DE&I spend and staffing

A&O Shearman and Santander were the only firms to disclose headcount in their dedicated DE&I teams when asked by FN

Financial services firms are keeping their heads below the parapet as scrutiny of diversity programmes increases
Financial services firms are keeping their heads below the parapet as scrutiny of diversity programmes increases Photo: Getty Images

Some of the City’s top firms are keeping quiet about the resources they are allocating towards their diversity, equity and inclusion efforts.

Financial News asked more than a dozen of the biggest banks, asset managers and professional services firms for information about their diversity initiatives.

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