A recent report published by Moody’s on the composition of corporate boards and workforces across 72 US banks shows only a modest positive correlation between greater gender diversity and performance.
Yet previous studies by the International Monetary Fund have highlighted the benefits of putting more women on senior positions at banks, finding capital buffers were higher, non-performing loans ratios were lower and profitability was improved. Other studies suggest that more women in top positions can result in a lower tendency to commit fraud.