Financial Institutions Can Help Break the Cycle of Racial Inequality
Boston Consulting Group,
2020
Recommendation
In this astute action plan for addressing the significant and long-standing wealth gap in America, industry experts Veronica Chau, Adrian Mitchell and Kedra Newsom point out how financial institutions can increase inclusion to reduce racial inequity. Firms can move forward on several fronts that span research, education, public policy, hiring and collaborations with community groups, as well as by channeling capital to Black-owned businesses. This cogent argument carries important insights for financial professionals.
Summary
About the Authors
Veronica Chau, Adrian Mitchell and Kedra Newsom are partners and directors at the Boston Consulting Group.
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