A major new research report has revealed that white middle class men from higher socio-economic groups are 30 times more likely to succeed in financial services than working class, ethnic minority women.

The FCA and the PRA have published joint proposals to boost diversity and inclusion across the financial services sector and to help tackle the scandals and poor behaviour.

Climate change and diversity will be the focus of investment managers during this year’s FTSE-listed companies AGM season, according to the Investment Association (IA).

The Financial Conduct Authority has finalised new rules requiring listed firms to disclose progress against diversity targets.