The Economics of Banking on Women: 2018 Edition
This report is based on information gathered in the GBA’s Women’s Market Analytics Survey — the only collection of global banking data measuring the performance of financial institutions serving the Women’s Market, with 4 years of performance data and over 400 data points per institution. This second edition of the report bears out several trends that emerged in the previous edition, highlighting the strong business opportunity the Women’s Market represents.
Update: A previous version of this report was missing labels on one graph. We have corrected the error in this edition.
Shared Vision: NatWest Partner with everywoman
This case study showcases the longstanding partnership between everywoman and NatWest in the United Kingdom to better engage with employees, grow their female customer base and contribute to the economy.
Walking the Talk: Gender Diversity in the C-Suite
Nigel Carter discussed the business imperative for the financial services industry to pay attention to its C-suite gender gaps at the 2017 GBA Summit
Return on Equity: The State of Play in Gender Lens Investing
At the 2017 GBA Summit, Olga Miler of UBS Unique shared her work to create an inclusive, gender-balanced wealth management franchise and value chain at UBS.
GBA Case Study: NatWest
The fifth in the GBA’s Case Study series on best practice banks features Women in Business champion NatWest, part of the Royal Bank of Scotland. The bank has found great success through its ability to leverage partners in the ecosystem to deliver real value to its women clients.
Banking on Women Leaders: A Case for More?
The IMF measured the large gap between the representation of men and women in leadership positions in banks and bank supervision agencies worldwide. Their econometric analysis suggests that, controlling for relevant bank and country-specific factors, the presence of women as well as a higher share of women on bank boards is associated with greater bank stability, as represented by higher z-scores and lower nonperforming loan ratios.
HBL – Gender Intelligence Training
The Gender Intelligence training HBL implemented was intended to turn branches into a safe space for women and help bank employees serve them better. The training counterbalances stereotypes through data, statistics and best practices from other markets in order for all employees to understand and recognize the business case for targeting women, the CVP and individual and organizational gender biases.
RBS Supplier Diversity
This video explains RBS’s Supplier Diversity & Inclusion strategy and Code of Conduct.
Fast Tracking Diversity – Westpac
Julie Rynski shared this presentation highlighting Westpac’s Inclusion & Diversity journey at the 2016 GBA Summit.
Fast Tracking Diversity – HBL
Roofi Jamil shared insights on how HBL has conducted Gender Intelligence training in its branches and the results it has had so far, in this presentation from the 2016 GBA Summit.
Fast Tracking Diversity – Mercer
Carole Jackson shared this presentation at the 2016 GBA Summit, highlighting results from the recent “When Women Thrive” study.
Fast Tracking Diversity – EDGE
In this 2016 GBA Summit presentation, Alina Polonskaia explained EDGE certification for workplace gender equality.
When Women Thrive: Financial Services Perspective
Mercer’s “When Women Thrive, Businesses Thrive” global report is the most comprehensive look at women in the workplace, covering responses from 583 companies across 42 countries, including data on 3.2 million employees. In this market report, Mercer shares specific data and insights that organizations in the financial services industry can use to map their own journeys to greater gender diversity.
Women in Financial Services
The second edition of this report from Oliver Wyman analyzes the state of gender balance in banking, with findings drawn from 381 financial services organizations in 32 countries.
Women in Financial Services
This report by Oliver Wyman contains a series of articles that discuss a range of gender-related issues in financial services. It draws on statistics concerning female representation within the financial industry.
CEW Case Study: Westpac
This Case Study on Westpac by Chief Executive Women looks at the bank’s history of promoting women in the workplace and how it became the first of Australia’s largest companies to appoint a woman as CEO.
DCA 30th Anniversary Founding Member Case Study: Westpac
This Case Study by Diversity Council Australia explores Westpac’s Diversity and Inclusion strategy and the successes the bank has had in advancing its diversity agenda.
The Power of Flexibility: A Key Enabler to Boost Gender Parity and Employee Engagement
Bain & Company research has shown that along with “visible and committed leadership,” women believe “creating working models that support men and women with family responsibilities” to be the most important action to overcoming barriers to women’s progression into leadership roles. This report explores the importance of these flexible workplaces for retaining women.
Building Effective Women’s Economic Empowerment Strategies
This working paper from BSR and the ICRW aims to help companies build effective strategies for women’s economic empowerment by applying a holistic and integrated approach: “Holistic” in considering the broader conditions necessary for women’s advancement and “integrated” in leveraging the full set of business assets a company can deploy. This approach builds on a growing body of evidence demonstrating the importance of addressing systemic and structural barriers to gender equality for women to achieve their full economic potential.
Women in the Workplace 2015
Women in the Workplace is a comprehensive study of the state of women in corporate America. The study is part of a long-term partnership between LeanIn.Org and McKinsey & Company to encourage female leadership and foster gender equality in the workplace.
Estudio de Caso: BLC Bank
El segundo en la serie de estudios de caso de AGB que se enfocan en historias de éxito de miembros que se están incursionando en el mercado de las mujeres esta ya disponible para su descarga. Centrándose en el banco libanes BLC Bank, el informe ofrece una visión detallada de como el banco implemento su programa, convirtiéndose en un diferenciador competitivo y resultando en increíble crecimiento. (English version)
Everyday Moments of Truth
Bain & Company surveyed more than 1,000 men and women in the US at all career levels, asking specifically about their interest in pursuing a top management position. They discovered that over time, women’s aspiration levels drop more than 60 percent, while men’s stay the same.
GBA Case Study: BLC Bank
The second in the GBA Case Study series on members’ Women’s Market success stories is now available for download. Focusing on Lebanese member BLC Bank, the report offers a detailed look at the Bank’s use of its Women’s Market program as a competitive differentiator and the incredible growth it has experienced through the platform. (Version en español)
This presentation on Westpac’s sustainability perspective and approach was developed for Westpac’s 2015 Study Tour.
This presentation on Westpac’s employee advocacy efforts, including building a culture of advocacy, earning employees’ business, and helping employees connect the Westpac brand to their families, was developed for a 2015 Study Tour.
This presentation was developed for the 2013 Study Tour on Westpac’s diversity and inclusion efforts and approach.
Westpac’s Women’s Market Report
This report offers proprietary research commissioned by Westpac of 1,500 individuals on techonology, workplace issues and opinions about the future.
Inspiring Women in
This is a presentation RBS made to the Small Business Banking Network in February 2013. It features an overview of the size of the Women’s Market in RBS’s UK home as well as a discussion of the bank’s multiple global initiatives to expand and improve service to women. It also addresses RBS’s commitment to workforce and vendor/supplier diversity.
Westpac Group Women in Leadership Program
This presentation from Westpac meant for internal use describes the bank’s commitment to workforce diversity and its family- and woman-friendly policies, including women’s leadership development.
The Ruby Connection
This internal Westpac document breaks down rates of share-of-wallet for women customers vs men, rates of growth by segment, average value of customer, gender-disaggregated data by product type, community outreach and marketing information about the Women’s Market Division, and general information about the Women’s Market Division and its place within the bank.
Estudio de Caso: Westpac
Westpac, un pionero internacional en la provisión de servicios bancarios para la emergente economía de las mujeres, ha reconocido el potencial de las mujeres en Australia durante los últimos 15 años. (English version)
GBA Case Study: Westpac
This case study, the first in the GBA’s series, focuses on founding bank Westpac, which has long focused on the female economy as a critical pathway to long-term success. (Version en español)
This brochure describing Westpac’s commitment to workforce diversity and women’s leadership includes an extensive discussion of the company’s diversity value proposition and of Westpac’s leadership development programs.
Economic Empowerment: The Learning Journey of Standard Chartered Bank
Standard Chartered started to think about a coordinated approach to addressing gender around 2005, and it has developed an innovative set of initiatives for women in its workplace, in its communities and for its female customers. The bank views all three strands as important for leveraging the Women’s Market and has quickly turned this view into a business imperative and key part of its customer strategy.
EBRD Good Practice Notes: Family Friendly Working and Work-Life Balance
This report looks at three inter-related aims of modern human resources management: the promotion of gender equality, family-friendly working practices, and an appropriate work-life balance.
Power Women in FinTech Index: Bridging the Gender Gap
This report from Inno Tribe examines the business case for gender diversity in financial services and technology companies.
Women in Financial Services
This report by Oliver Wyman contains eight short articles that discuss a range of gender-related issues in financial services. It draws on statistics concerning female representation within the financial industry.
Business Case for Women’s Economic Empowerment
This study from the AK Foundation, Dalberg, ICRW and Witter Ventures explores what works and what doesn’t in terms of corporate-funded women’s economic empowerment programs, and provides a business case for how these programs can deliver greater benefits for both the women they wish to empower and for the companies themselves.
Women Matter 2013
Through a survey of more than 1,400 managers from a wide range of companies worldwide, McKinsey & Company’s Women Matter 2013 confirms that corporate culture plays a critical role in gender diversity at the top of corporations. The survey reveals that corporate culture is twice as important as individual mindsetsin determining whether women believe that they can succeed.
Global Entrepreneurship Monitor Global Reports
In nearly every economy there are fewer female than male entrepreneurs, and they appear to show reluctance to scale their businesses or to enter new and less tested markets. The GEM reports raise many intriguing questions, including how women’s participation in entrepreneurship reflects different attitudes and perceptions about women and how these cultural constraints impact the potential of women as entrepreneurs.