Finance industry loses $700 billion a year by ignoring women
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The Finance-industry is still a male-dominated industry despite the continuous efforts to increase engagement. According to management consultancy Oliver Wyman, the finance industry loses more than $700 billion a year in revenue by failing to listen to or tailor products for women. Women are arguably the single largest under-served group of customers in financial services,” Jessica Clempner, the report’s lead author said.