Women failed to gain any board seats at the largest US banks in August, and have picked up only two net seats this year among members of the S&P 500 Bank Index, according to data compiled by Bloomberg.
After hitting 35% of seats for the first time this year, female directors have mostly kept to the status quo. The share of women among the bank boards in August was unchanged from July at just shy of 35%, following a decline in June, Bloomberg data show. The two seats gained through August among the 18 banks compares with four at this point last year.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn