Thread by @FinancialTimes

Free-to-read: Black employees held a lower share of top US financial services jobs in 2018 than they did more than a decade earlier, our research has shown on.ft.com/3u8nhCn

Black employees account for 13% of all finance staff and are the sector’s biggest ethnic minority. But between 2007 and 2018, they only saw significant growth in the most junior roles in finance. In the most senior jobs, their share actually fell ft.com/content/887d06…

Though in general, non-white senior staff in US financial services groups has increased, progress has been uneven and favoured Asian workers, the sector’s third-biggest minority after black and Hispanic workers
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As a result, there are now more Asian senior managers and executives than there are black ones, even though there are about 50% more black staff than there are Asian across the whole of financial services
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Of the 20 companies whose data we analysed, PayPal had the highest percentage of non-white workers in senior roles, at 33.7%, and BNY Mellon had the highest percentage of black American workers in senior roles, at 11.8%.

Read our full story: ft.com/content/887d06…

We also want to hear from you: do you work in financial services? We are still examining how the industry is working to increase racial diversity. Share your experience confidentially with our journalists here: ft.com/raceandfinance