No major bank CEO thinks a female or person of color is likely to succeed them


“If you believe that your likely successor will be a woman or a person of color, would you kindly extend a hand into the air?” Democratic Rep. Al Green asked the CEOs of seven of the country’s largest banks. Not a single one raised his hand while testifying before the House Financial Services Committee on Wednesday.

The CEOs were hauled in front of Congress for nearly seven hours to give testimony on a wide variety of issues. Participating in the hearings were the following CEOs:

  • Goldman Sachs CEO David Solomon
  • Citigroup CEO Michael Corbat
  • JPMorgan CEO Jamie Dimon
  • Morgan Stanley CEO James Gorman
  • Bank of America CEO Brian Moynihan
  • State Street CEO Ronald O’Hanley
  • Bank of New York Mellon CEO Charles Scharf

Source: Market Insider

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