As the U.S. workforce has become increasingly diverse, many
private- and public-sector entities recognise the importance of
recruiting and retaining minorities and women for management-level
positions to improve their business. The 2007-2009 financial crisis
has renewed questions about commitment within the financial
services industry (eg: banking and securities) to workforce
diversity. The Dodd-Frank Act required that eight federal financial
agencies and the Federal Reserve Banks implement provisions to
support workforce and contractor diversity. This book reviews the
trends and practices implemented since the beginning of the
financial crisis and examines (1) workforce diversity in the
financial services industry, the federal financial agencies, and
Reserve Banks from 2007 through 2011 and (2) the efforts of the
agencies and Reserve Banks to implement workforce diversity
practices under the Dodd-Frank Act, including contracting.
General
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