City firms have struggled to bolster the number of Black professionals in their ranks, despite ambitious pledges after the 2020 killing of George Floyd.
Change has been slow. What little UK data there is available shows there is a dearth of Black employees. At Barclays, 3.5% of its UK workforce are Black, at HSBC, just 2.6% — a figure that shrinks to 1% in the senior ranks.