Investment Banking

HSBC set to miss own target for doubling Black senior leaders

Bank blames ‘changes to global footprint’ in recent years

Black staff make up 3% of HSBC’s UK and US senior leaders
Black staff make up 3% of HSBC’s UK and US senior leaders Photo: John Wreford/Getty Images

HSBC will likely miss its target to double the number of Black senior leaders at the bank over five years.

In July 2020, the UK bank set a goal of doubling how many Black staff hold senior leadership roles globally by the end of 2025.

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