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.
There is a growing focus on racial equity within banking companies and increased efforts to lift underrepresented groups such as Asians, Blacks, and Hispanics. JP Morgan Chase established Advancing Hispanics & Latinos ("AHL") and the Office of Asian & Pacific Islander ("API") Affairs in 2021 for the growth of respective communities.
JPMorgan Chase, Bank of America, Wells Fargo, Morgan Stanley, and Charles Schwab are the top US banks 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 representation of Asian employees in the US workforce was 17% which increased by 1 percentage point from 2020. Black & African American and Hispanic & Latino employees represented 14% and 20% of the US workforce, respectively.
Bank of America is a bank and financial holding company with a market capitalization of $282 billion. In 2021, the representation of Asian employees of Bank of America in the US workforce was 13.3%. Black & African American and Hispanic & Latino employees represented 13.3% and 18.5% of the US workforce, respectively.
Wells Fargo is a diversified financial service holding company with a market capitalization of $168 billion. In 2021, the representation of Asian employees of Wells Fargo in the US was 10.8% which increased by 0.7 percentage points from 2020. Black & African American and Hispanic & Latino employees represented 13.2% and 16.8% of the US workforce, respectively.
Morgan Stanley is a US-based financial services provider with a market capitalization of $153 billion. In 2021, the representation of Asian employees of Morgan Stanley in the US workforce was 19% which remain unchanged over 2020. Black & African American and Hispanic & Latino employees represented 7% and 8% of the US workforce, respectively.
Charles Schwab is a savings and loan holding company that offers financial services, primarily investment solutions with a market capitalization of $133 billion. In 2021, the representation of Asian employees in the Charles Schwab offices in the US was 13.5%. Hispanic and Black employees represented 11.3% and 6.9% of the workforce.
United States of America
United States of America
United States of America
United States of America
China
United States of America
United States of America
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer
Contact the team or request a demo to find out how our data can drive your business forward