The Bank of America is particularly focused on diversity in the workforce, with its global diversity and inclusion executive saying it has also been instrumental in improving such matters across the US in the last decade.

Speaking to HR Magazine, Geri Thomas explained that, to the financial institution, inclusion is key to furthering this aim and means respecting and valuing nationalities, cultures, sexual orientation, religions, economic and social backgrounds, and disabilities.

To this end, the company has a dedicated diversity recruiting group which, Ms Thomas observed, works to find "top diverse talent for management and executive positions".

"Encouraging a diverse, inclusive workplace gives you the business advantage of understanding and meeting the needs of diverse customers, clients and shareholders," she went on to say.

The bank also runs affinity groups, the Global Diversity and Inclusion Council and a Diversity Network to help create an atmosphere of professional and personal growth.

Posted by Sarah Dixon