Women in Financial Services

Covers issues behind the gender (in)equality in banks and other financial intermediaries Poses critical questions about women's empowerment and the need to create a more gender-balanced industry Focuses on the gender diversity promotion put in place also by central banks

Auteur

Giuliana Birindelli is a Full Professor of Financial Markets and Institutions at the Department of Management and Business Administration, University of Chieti-Pescara, Italy, where she teaches Financial Markets and Institutions, and Banking and Finance. She obtained her PhD and post-doctorate degree in Economics at the University of Pisa, Italy. Antonia Patrizia Iannuzzi is an Associate Professor of Financial Market and Institutions at the University of Bari "Aldo Moro", Italy where she teaches the Economics of Financial Intermediaries and Management of Banking and Insurance Institutions at the Department of Economics, Management and Business Law. She holds a PhD in Banking and Finance from the University of Roma "Sapienza", Italy, and since 2005 has carried out research and teaching activities in banking and financial issues at the University of Bari, Foggia and Catanzaro, Italy.

Contenu

1. Introduction.- 2. An overview of legal measures, voluntary rules, indexes, and certifications concerning gender diversity in the banking industry.- 3. Women and bank performance: theoretical background and literature review.- 4. Data on female representation in banks.- 5. The gender pay gap in the financial sector: Where do we stand?.- 6. Gender diversity in the insurance industry: Progress made and next steps.- 7. Women in the asset management sector.- 8. How central are women in Central Banks?.- 9. Gender diversity in banks and insurance companies: The state of art.- 10. A case of temporary (extended) hard quotas: Gender diversity in Italian banks.- 11. Proposing a framework for calculating an index on gender equality in financial firms.