Following a question from Democratic Rep. Al Green, the CEOs from seven giant U.S. banks — all white men — told a House committee on Wednesday that it’s...
The CEOs from seven giant U.S. banks — all white men — told a House committee on Wednesday that it’s likely their successors also will be white guys.
The lawmaker then asked the executives if their banks were likely to have female or person of color as CEO within the next decade. Five raised their hands to say “yes” — Bank of America Corp.’s BAC, +0.62% Brian Moynihan, Goldman Sachs Group Inc.’s GS, +1.18% David Solomon, Citigroup Inc.’s C, +0.49% Michael Corbat, State Street Corp.’s STT, +0.83% Ronald O’Hanley and Bank of New York Mellon Corp.’s BK, +0.59% Charles Scharf.
Green was sitting next to Rep. Emanuel Cleaver, the Missouri Democrat who has served as a Methodist pastor. Green wasn’t alone in taking a tough line on the banks’ diversity efforts, with Virginia Democratic Rep. Jennifer Wexton tweeting the following:diversity. pic.twitter.com/BkXTN8YyJI
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