Black and White on Wall Street: The Unwritten Code on Race

June 29, 2020, 10:00 AM UTC

Here are 13 unwritten rules about being Black on Wall Street, according to people who’ve lived it:


  1. Never forget: Despite all those promises about diversity, only about 1% of senior management is Black.


  • 2. Be careful about pointing that out to the mostly White, mostly male trading desks.


  • 3. Get used to hearing about the supposed lack of “qualified” Black applicants.


  • 4. A 4.0 from Harvard isn’t enough. Assume some White Wall Streeters think Black colleagues are “diversity hires.”


  • 5. Adopt a “White voice.”


  • 6. Expect to hear complaints about bias training.


  • 7. Put in long hours to combat stereotypes ...








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