Posted On:
May 22, 2008
Another Case of Gender Discrimination in Financial Services
In a recent blog entry, we discussed the prevalence of gender discrimination on Wall Street. This was further demonstrated in a story that was recently covered in many news outlets regarding a multi-million dollar class action settlement involving Citigroup.
As Portfolio.com reports, the action was brought on behalf of female financial advisers who had worked in Smith Barney retail brokerage branches. The nature of the claim was that males were treated differently than females in terms of compensation and business opportunities presented to them.