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In 2015, the share of women in the top decision-making bodies of the financial sector increased once again but men remain in the overwhelming majority and thus continue to call the shots. At the end of 2015, women made up just under eight percent of executive board members of the 100 largest...
Persistent link: https://www.econbiz.de/10011416981
Last year, more women were appointed to the executive boards of major financial institutions. The share of women on the executive boards of banks and savings banks at the end of 2013 was a good six percent, which represents an increase of almost two percentage points over the previous year. This...
Persistent link: https://www.econbiz.de/10010334243
Women remain grossly underrepresented in management positions in Germany. However, what has been dubbed the gender leadership gap, i.e., the difference between the share of all employees who are women and the share of women in senior management positions, varies considerably across different...
Persistent link: https://www.econbiz.de/10011541829
Women are still in the clear minority among the financial sector's top decision-making bodies. According to DIW Berlin's Women Executives Barometer, at the end of 2016, 21 percent of the supervisory and administrative board members of the 100 largest banks were female. The number has stagnated...
Persistent link: https://www.econbiz.de/10011594588
Following the financial crisis of 2008/09, the Basel Committee on Banking Supervision introduced a new framework for banking regulation, commonly known as Basel III. For the first time since the inception of global banking regulation in 1988, Basel III contains explicit mandatory rules for...
Persistent link: https://www.econbiz.de/10011476310
People are investing their life savings in financial products, for instance, to provide for their retirement, and in doing so they are making their future financial situation almost entirely dependent on the success of these investments. The financial sector promotes numerous investment...
Persistent link: https://www.econbiz.de/10010369533
At the end of 2014, women were no better represented on the top decision-making bodies of enterprises in the financial sector than the previous year. The share of women on the executive boards of the 100 largest banks and savings banks remained at an average of almost seven percent and on the...
Persistent link: https://www.econbiz.de/10010471517
For social and economic reasons, national economies benefit from the inclusion of as many people as possible in financial services. In a cross country study, the present study shows that financial literacy for the general population promotes financial inclusion. This relationship goes beyond the...
Persistent link: https://www.econbiz.de/10011735941
In the German financial sector, the majority of employees are women, but it is still men who hold the top positions. With women making up only 4.2 percent of the boards of the largest banks and savings banks, they were still vastly underrepresented at the end of 2012 (up 1 percentage point from...
Persistent link: https://www.econbiz.de/10010312989
Opportunities to increase the proportion of female board members in Germany's financial sector were missed during post-crisis period of management shakeups. As of 2011, the proportion of women on executive boards was still as low as in previous years: 3.2 percent in Germany's 100 largest banks...
Persistent link: https://www.econbiz.de/10010286819