The lender’s first six apprentices are joining its London trading floor Monday without meeting the academic requirements of other entry-level jobs, according to a company statement.
Apprentices will initially be put through a three-year training program, separate from the bank’s existing graduate track.
“To be truly diverse and inclusive, organizations need to re-think their approach to talent management and resourcing,” said
Jobs in investment banking have generally become the preserve of students from elite colleges around the world as banks have fought to recruit only those with the most glittering academic resumes, an approach that’s done little to boost the industry’s chronically low diversity levels.
Standard Chartered’s apprentices will be paid a base salary of 28,000 pounds ($38,629) --well below
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