Finance
Being Black on Wall Street Has Gotten Tougher as DEI Disappears
President Trump’s attacks on programs that promote diversity are being felt throughout the finance world.
This is part of a series on the new realities of finance. Read more on junior bankers using AI, bank access for weed companies and finance in wartime .
Getting hired at a leading Wall Street bank typically requires a top-tier education, an outsize effort and a fair bit of luck. Then, to move up the ranks, ambitious employees work grueling hours, relentlessly anticipate their clients’ needs and endlessly worry about rivals competing for the positions they’re eyeing. Being Black in an industry where almost everyone else is White only adds to the hurdles.