Gay bankers staying in the closet

London Pride 2004 A recent survey of bankers in London suggests that about 55,000 out of the 900,000 or so people working in banking, finance and insurance in London identified themselves as gay.

The City has some way to go.   There is still room for another 35,000 gay or lesbian employees before the industry matches the mix in London’s general population,” the survey said.

“The extent to which people are ‘out’ in their firms is far smaller than the number who privately acknowledge they are homosexual.”

According to Reuters the survey revealed an increase in the number of financial services employees who identified themselves as gay.   Women were three times more likely than men not to disclose their sexuality.

“London still has a reputation as a macho environment dominated by heterosexual white males.   But investment banks are trying to change the City’s culture after a string of discrimination lawsuits in the United States and now in Britain.”

(thanks to ihar for the photo)


9 Responses to “Gay bankers staying in the closet”

  1. 1 Clemencia 5 November, 2009 at 1:49 am

    The Gay bankers should look at international posts. Take openly gay banker Anre Schober at Atlantic Security Bank in Panama whos is rumored for running for President of the International Gay Bankers Society. The USA is becoming hostile to Gay Bankers.

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