Bank of America Makes Progress on Diversity, Says There’s More Work to Do

  • Race, gender diversity levels climb across most of the company
  • Women in top tier of bank still at 41% level of two years ago
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Bank of America Corp. inched closer to its diversity goals last year, and said it recognizes more needs to be done.

Racial and gender representation increased in most areas of the company, including among senior management, according to data the bank released Friday. Still, the percentage of women in the top three tiers of the firm remained unchanged from a year earlier at 41%.