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UK Treasury Committee chair writes to over 30 firms yet to sign Women in Finance Charter

19/02/2018 News Team

Chair of the UK Treasury Committee, Nicky Morgan MP, has written to over 30 firms in the financial services industry that are yet to sign up to the Women in Finance Charter.

The Women in Finance Charter is a commitment by HM Treasury and signatory firms to work together to build a more gender balanced and fair financial services industry. The Committee also launched an inquiry to identify the barriers to women entering and progressing in the financial services industry. 

In the letter, Ms Morgan asks if the firms will be signing the Charter, and if not, their reasons for not doing so.

Ms Morgan commented: "The progress of the Women in Finance Charter is to be welcomed. The aim, however, must be to see all firms in the financial sector sign up to the Charter and make a concerted effort to improve their gender diversity, particularly in senior roles.

"As the Charter states, a balanced workforce is good for customers, profitability and workplace culture."

Ms Morgan pointed to multi-national firms such as Goldman Sachs, JP Morgan and UBS who have yet to sign.

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