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‘Salomon sister’ Anne Clarke Wolff: Inclusivity will matter when ‘a trader loses $500k’ because they can’t keep a diverse team
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Diversity and inclusion on Wall Street will only change if there are “very clear incentives and penalties”, Anne Clarke Wolff, the founder and CEO of women-owned investment bank Independence Point Advisors said.
“The moment at which a trader loses $500,000 because they can’t retain 80% of the diverse people who have been added to their team, or more importantly, the moment when a leader puts forward a woman on the most important transaction and sees a $500,000 benefit,” Clarke Wolff said on a panel at the 22 March Bloomberg...
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