Bank of America Aims to Meet Workers’ Push for Diversity

Bank of America knows it needs to focus on diversity and inclusion in its workforce, and its calling on workers to have frank discussions about their life experiences as a way to improve.

The financial giant’s commitment to diversity and inclusion efforts and practices may be an outlier in an industry that is playing catch-up on investing in workers from diverse backgrounds. Bank of America leads its peers in promoting women to management positions, according to Bloomberg Terminal data, but its employment of women as a percentage of its workforce has steadily declined over the last 5 years.

In the ...