Jim Reynolds, Columnist

Universities Drop the Ball in Hiring Minority Bankers

Women- and minority-led financial firms have been shut out by half the Ivy League. 

Truth: Harvard is lagging in hiring minority firms. 

Photographer: Victor J. Blue/Bloomberg 

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As the U.S. deals with social unrest and the focus on fairness and equality grows, many public and private leaders have asked a simple question: “How can we do better?”

It’s a fair question, one which got me thinking about the public finance sector, long considered among the most diverse and inclusive areas in investment banking. While this sector has seen many positive developments over the 30-plus years since I started my career on Wall Street, there is clearly much work to do.