BOE, FCA Among Finance Institutions to Miss Gender Targets
- Finance firms including UBS also fell short of aims for 2020
- Some companies say Covid disrupted hiring plans last year
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The Bank of England and Financial Conduct Authority were among dozens of organizations that missed targets to choose more women for senior roles in Britain last year.
Forty-four organizations including Lloyds Banking Group Plc and UBS Group AG fell short on pledges made under the U.K. Treasury’s Women in Finance Charter, according to its fourth annual review published Wednesday. BlackRock Inc. narrowly missed its target of 30% by the end of 2020, but did achieve it in early 2021, the report said.