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Culture is holding women back from reaching the top in financial services

London Canary Wharf

Around 1990 I was appointed to a subsidiary board of the Norwich Union Group (now Aviva) and was one of the first women to become a director there. That much was obvious because, in the hallowed Marble Hall that provided the board room and senior executive offices, there were no facilities for women. And, at my first board meeting, the chairman assumed that I was there to take notes.

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Citi Building Canary Wharf

People News - Citi, Goldman

Citigroup has appointed Carmen Haddad to rebuild its Saudi Arabian business more than 10 years after losing a key banking license in the kingdom, according to people familiar with the matter.

Morgan Stanley building

Morgan Stanley in big wins

Unilever and Reckitt Benckiser Group have picked Morgan Stanley to advise on their planned food brand disposals, sources said on Thursday, giving the U.S. investment bank a seat at two of the consumer industry's most sought-after tables.

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Bernie Madoff

JPMorgan in Madoff win

JPMorgan Chase is not liable to a group of former customers of Bernard Madoff who blamed the bank for being actively involved in his Ponzi scheme and ignoring red flags of fraud, a federal appeals court ruled on Wednesday.