Europe's Central Bank Goes for Gender Quotas

The ECB plans to double the number of women in top management roles by 2019

While a majority of private economists surveyed by Bloomberg say Janet Yellen is the most qualified and most likely candidate to run the Fed, banking remains a man’s world. This is why the European Central Bank today announced plans to introduce gender quotas for top levels of management. Its nonbinding goal is for women to occupy 28 percent of senior management positions at the bank and 35 percent of middle management positions by 2019, up from 14 percent and 17 percent.

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