Just ask women: Banks are still boys' clubs


Take JPMorgan Chase & Co. Its CEO Jamie Dimon has seen several potential male successors depart during his reign. But the bank’s operating committee is now 50% female, with women in charge of consumer lending, the company’s finances and the asset management unit.

SO DIVERGENT have their fortunes been since the financial crisis, European banks tend to trail their Wall Street peers on most of the metrics investors care about. Gender diversity at the top might be the next lagging indicator.

There are rare bright spots in Europe. Royal Bank of Scotland Group Plc on Friday promoted Alison Rose to chief executive officer, the first woman to run a big U.K. lender. Spain’s Banco Santander SA is chaired by Ana Botin. Cast the net a bit wider and things start to look thin.

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