Italy’s Banca Promos Is Breaking the Mold With All-Women Trading Desk

At Banca Promos in Naples, gender diversity has long been a reality. Its bond desk is run entirely by women, a rarity in the world of finance.

Banca Promos trading team members Monia Iapalucci, left to right, Nuna Carrano, Rosa Nasti, Martina Simeone, Dionisia Galante, Rita Pinzola, Flora Carducci and Michela Di Maro, in Naples.

Photographer: Alessandro Loffredo

Far from the financial hubs of Milan and London, in an unassuming building near the Naples waterfront, a small fixed income desk is quietly defying Wall Street stereotypes.

Banca Promos makes roughly €3 million a year from trading, a tiny fraction of the billions that the big trading houses earn. Its eight traders, many of them multilingual, rely on personal relationships with clients to match buyers and sellers across 50 countries. But perhaps the biggest difference is this: all of them are women.