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Women Representation in Major Banking Companies by Market Capitalization in 2021

  • JPMorgan Chase, Bank of America, Industrial and Commercial Bank of China, Wells Fargo, and Morgan Stanley are the top banking companies in terms of market capitalization
  • In 2021, JPMorgan Chase reported 49% women participation in its workforce which remained unchanged over 2020
  • Representation of women in Bank of America at the senior management level was 36.7% in 2021

A diverse, equitable, and inclusive (DEI) organization brings unique perspectives and ideas that make the enterprise more innovative, productive, and resilient. In addition, it promotes equality of opportunity and treatment at all levels of the employment relationship, including recruitment, retention, promotion, remuneration, and training.

Banks report diversity and inclusivity to ensure a more equitable and inclusive workplace. Companies and banks benefit from a diverse workforce by attracting new customers as people want to do business with institutions that share their values.

JPMorgan Chase, Bank of America, Industrial and Commercial Bank of China, Wells Fargo, and Morgan Stanley are the top banking companies in terms of market capitalization.

JPMorgan Chase & Co is an investment bank based in the US with a market capitalization of $347.2 billion. In 2021, the company reported 49% women participation in its workforce which remained unchanged over 2020. Representation of women in the company at the senior management level was 26% in 2021.

Bank of America is a bank and financial holding company with a market capitalization of $282 billion. In 2021, the company reported 53.5% women participation in its workforce. Representation of women in the company at the senior management level was 36.7% in 2021.

Industrial and Commercial Bank of China provides a range of personal and commercial banking, wealth management, and treasury management services with a market capitalization of $219 billion.  In 2021, the company reported 49.3% women participation in its workforce, a decrease of 0.4 percentage points over 2020. Representation of women in the company at the senior management level was 8.3%, remaining unchanged over 2020.

Wells Fargo is a diversified financial service holding company with a market capitalization of $168 billion. In 2021, the company reported 53% women participation in its workforce. Representation of women in the company at the senior management level decreased to 25% by 23 percentage points over 2020.

Morgan Stanley is a US-based financial services provider with a market capitalization of $153 billion. In 2021, the company reported 39% women participation in its workforce which remain unchanged over 2020. Representation of women in the company at the senior management level increased to 27% by 1 percentage point over 2020.

Explore the latest trends and actionable insights on the ESG market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the ESG market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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