Barclays, HSBC, JP Morgan back Wealthiher initiative to help women with wealth
Some of the City’s biggest firms and major international banks have thrown their weight behind an initiative to help women grow and protect their wealth.
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Wealthiher will showcase the rise in women’s wealth, and highlight the different needs that wealthy women have.
The group is backed by banks and insurers including Barclays, Brewin Dolphin, HSBC, JP Morgan.
The institutions have committed to driving change from inside to make the industry more diverse.
Wealthiher co-founder and former JP Morgan head of female client strategy Lauren von Stackelberg said: “I’ve worked with countess female entrepreneurs who have told me time and time again that the banks just aren’t catered for them.
“I was tired of hearing them ask ‘why am I the only woman in the room?’– so we’ve decided to change.
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“That’s why we’ve set up the Wealthiher Network – to champion female entrepreneurs and clients, so they are in the club – not just the girls club.”