Women in Banking Not Having Children

For_sale_sign  A new report shows that nearly half of senior women in the investment banking sector have no children. As reported in The Guardian, a new report from Ruth Sealy of the International Centre for Women Business Leaders at Cranfield School of Management. The average age of the women was 42. In her study of investment banking, she found that just 5 per cent of managing directors were female, compared with 11 per cent of FTSE 100 directors and 19 per cent of MPs, according to the latest annual survey by the Equality and Human Rights Commission. This study illustrates just how much professional women sacrifice in order to have top careers in this high pressure industry. Interestingly, of those women who did have children, 25% had stay at home partners, which only further suggests that the banking sector, along with many other fields, is set up according to the presumption there is a full time carer at home, so that the breadwinner can devote long hours to career. Have you felt you needed to choose between family or career? Are you currently postponing children?

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