Ignoring Women Costs Financial Industry $700 Billion a Year

The video discusses a global study on women in financial services, highlighting the industry's failure to meet women's needs and the potential $700 billion revenue opportunity. It explores challenges women face in financial services, including gender bias and lack of diverse teams. The video also examines the impact of diversity on business performance and outlines successful strategies for diversity and inclusion.

What was the primary focus of the research discussed in the video?

• The impact of technology on financial services

• The influence of global economic trends on financial services

• The relationship between financial services and women

• The role of government regulations in financial markets

What is NOT a focus of the research regarding women in financial services?

• Women as shareholders

• Women as technology developers

• Women as employees

• Women as customers

What is the estimated potential revenue profit per year if financial firms better serve women?

• $900 billion

• $500 billion

• $700 billion

• $1 trillion

Which area is NOT mentioned as one where women are underserved in financial services?

• Retail banking

• Cryptocurrency trading

• Wealth management

• Corporate space

What is a common issue faced by women in corporate banking events?

• Limited networking opportunities

• High costs of attending events

• Events catering more towards male preferences

• Lack of access to events

What is a key benefit of having diverse teams in corporate leadership?

• Increased groupthink

• Higher financial returns guaranteed

• Better customer service and resilience

• Reduced need for training programs

What is essential for taking advantage of diversity in a firm?

• Higher salaries for diverse employees

• Increased marketing budget

• Inclusion and cultural change

• More training programs