Discriminatory Practices in the Banking/Finance Industry: Some Managerial Observations

Abstract

Introduction A report by the US Equal Employment Opportunity Commission (EEOC) in 1980 indicates that 31.1% of banks' officials and managers were women. This nearly doubled the proportion of women officials and managers in banking from 1970 to 1978. (ABA Banking Journal, October 1980). “People of Colour made smaller advances in the period. Blacks Hispanics, Asians, Native Americans made up 15.9% of the officials and managers at the largest 50 banks, up from 12.3% in 1978, Blacks alone accounted for 6.9% of the officials and managers, up from 5.4% a decade ago.” (American Banker, August 29, 1989). This 27.78% increase in the number of black officials and managers looks impressive, but blacks only represent 6.9% of total managers.

Citation

Munchus, G. (1993), "Discriminatory Practices in the Banking/Finance Industry: Some Managerial Observations", Equal Opportunities International, Vol. 12 No. 1, pp. 11-13. https://doi.org/10.1108/eb010591