Finance industry loses $700 billion a year by ignoring women
Shortpedia
Content TeamImage Credit: shortpedia
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.