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Mommy Track

Latest Headlines

Latest Headlines

Banks court women with family friendly policies

Finally, some good news about the financial sector. Working Woman magazine has come out with a list of the top 100 companies for working mothers and the list is chock full of financial companies. Bank of America, Citi, JP Morgan Chase, Goldman Sachs, Morgan Stanley, Capital One, Credit Sui

Sallie Krawcheck on Wall Street women

We asked not too long ago: Where have all the women gone?    Unfortunately, the ranks of women working in the financial services industry has plunged over the last decade, falling by 141,000, or 2.6 percent. The number of men employed by the industry, meanwhile, grew by 389,000, or 9.6

Goldman Sachs mommy track suit ends

The "mommy track" gender bias suit at Goldman Sachs (NYSE: GS ) raised a lot of eyebrows, and was one of several that suggested the changing face of discrimination on Wall Street. The mommy track suit has now been nixed by Judge Robert Patterson in Manhattan. Reuters notes it wasn't cle

Goldman Sachs sued for gender discrimination, harassment

As if it needed another PR hit, Goldman Sachs (NYSE: GS ) has been sued by three former employees--two executives and one associate--for gender discrimination that denied women pay and career advancement opportunities. The lawsuit--here's the complaint courtesy of the WSJ-- seeks cla

A new sexism rampant on Wall Street?

Where have all the women gone? And why?  Unfortunately, the ranks of women who worked in financial services industry has plunged over the last decade , falling by 141,000, or 2.6 percent. The number of men employed by the industry, meanwhile, grew by 389,000, or 9.6 percent, according

Do women bank customers face subtle bias?

When the talk turns to gender bias in the financial services industry, the focus is always on employment practices. We've seen some interesting cases recently, from the Goldman Sachs ( NYSE: GS )  Mommy Track suits , to the suits alleging poor treatment of female financial advisors at

Citigroup sued for gender discrimination

We've seen a spate of discrimination suits recently, pitting female employees against big name banks. The most recent: Dorly Hazan-Amir has sued Citigroup ( NYSE: C ) for a host of wrongs, including demoting her to a lower position after she returned from maternity leave and reduced pay compared

Gender discrimination suit filed against Bank of America Merrill Lynch

Close on the heels of the "mommy track" suit against Goldman Sachs ( NYSE:GS ) and a female trader's suit against RBC Capital, three female financial advisors have filed suit against Bank of America Merrill Lynch ( NYSE:BAC ), alleging gender discrimination. The lead plaintiff appe

Goldman Sachs executive files mommy track suit

"Goldman Sachs views working mothers as second-class citizens"--so says the lawyer for Charlotte Hanna, who has filed suit against the gilded bank ( NYSE: GS ). She claims she was on the "mommy track" when she was treated poorly and, after she had two kids, was eventually fired. According to