01/11/2023

For Your Review

Gender Diversity and Credit Ratings There’s a positive relationship between gender diversity at the highest levels of a bank and strong credit ratings, according to an October 2022 analysis from research firm Morningstar. In a sample of 28 of the largest U.S. banks that are in DBRS Morningstar’s credit rating universe, analysts found that “women represented on average 36% of the executive team for banks rated AA compared to only 22% for banks rated BBB.” They also found similar trends when considering the share of women on the boards of these banks. Overall, women made up 26% of the executive…

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WRITTEN BY

Kiah Lau Haslett

Banking & Fintech Editor

Kiah Lau Haslett is the Banking & Fintech Editor for Bank Director. Kiah is responsible for editing web content and works with other members of the editorial team to produce articles featured online and published in the magazine. Her areas of focus include bank accounting policy, operations, strategy, and trends in mergers and acquisitions.

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