Climbing the Steps to Success

When news broke that Jane Fraser was named Citi’s CEO, many celebrated, and rightfully so; the first woman to ever lead a top bank on Wall Street seemed to break the glass ceiling and prove to the public that Wall Street was not the stereotypical male-dominated locker room it once was (Fortune, 2020).But are these appointments truly indicative of a new era for Wall Street? How much progress has Wall Street actually made in making room for underrepresented groups? And what steps are we not addressing yet?