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Why Wall Street’s Finally Pushing to Add Women on Boards

  • BlackRock, Vanguard, State Street get behind shareholder bids
  • This story is part of a series on the future of investing
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Why Wall Street Is Backing Diversity in Board Rooms

The big money on Wall Street is finally throwing its weight behind boardroom diversity.

After years of fits and starts, mutual-fund giants including BlackRock Inc.Vanguard Group Inc. and State Street Corp. are embracing shareholder proposals to add more women and minorities as directors. This may signal a tipping point for the decades-long struggle for greater representation.