Discover your dream Career
For Recruiters

"Some women in banking have the wrong attitude"

I'm a woman working for a major investment bank in NYC, and I think people in this industry are missing one of the major reasons it can be hard to get promoted as a female. - It's not just about the sea of male colleagues, but the attitudes of some of the women at the top.

We have plenty of women's groups but they're about style more than substance. The day-to-day reality here is that women don't nurture other women. My female colleagues like to make like they're on Mean Girls: it's all about belittling the women below them.

It's the senior women who are worst: it's the managing directors who do this, and the executive directors too. It's like they feel threatened by the women coming up, and want to keep us down. It's also like they will do anything to advance themselves to the detriment of other women.

Guess what? In this dynamic, male colleagues can actually be a help. - I've had male colleagues who've voiced their surprise at how some senior women in the bank have spoken to me. I've also had male colleagues intervene to get me invited to meetings after female colleagues have consistently failed to invite me.

Equally, when I am invited to meetings it's the senior women who most often obnoxiously talk over me and fail to consult my opinion. It's the men who often try to be more inclusive. There's also a lot of duplicity: women praise me to my face but put me down to management when given the opportunity.

Not all women are like this, but there are enough of them to make a difference. No one talks about it and they should. Women are supposed to empower other women, but I see the opposite happening. 

Alicia Cox is a pseudonym

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

 

author-card-avatar
AUTHORAlicia Cox Insider Comment

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Latest Jobs
Larson Maddox
Senior CRA Compliance Officer
Larson Maddox
Park Ridge, United States
Larson Maddox
Fair Lending Officer
Larson Maddox
Wichita, United States
Larson Maddox
Senior Compliance Officer
Larson Maddox
Lawton, United States
Selby Jennings
Vice President, Private Credit
Selby Jennings
New York, United States
Selby Jennings
Managing Director - Portfolio Management
Selby Jennings
New York, United States
Selby Jennings
Private Credit Associate
Selby Jennings
New York, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.