Forty-two new companies have signed up to the Women in Finance charter, which aims to promote gender diversity in Financial Services, the City Minister John Glen has announced today, bringing the total number of signatories to over 370.

The new signatories include the Macquarie Group and Rothschild, and come as the third Women in Finance annual review shows that the proportion of women in senior management has increased at Charter firms, with three out of four firms increasing or maintaining their proportion of women in top jobs in 2019.

The report also shows that the average female representation in senior management has increased from 30 per cent in 2017 to 32 per cent in 2019.

This comes at the same time as a doubling of signatories to the Investing in Women Code, a Treasury-sponsored programme to improve access to finance for women, and to provide support to female entrepreneurs. 66 firms are now committed to increasing the transparency around the funding provided to entrepreneurs and founders and supporting innovative women.

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