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Suzanne Shank, one of few Black CEOs on Wall Street, details how she built a women- and minority-owned investment bank from the ground up

1 month ago   |   By Business Insider

Summary List Placement Suzanne Shank is used to being the first, only, and different - not only as a Black woman in corporate America but also as one of the most powerful women on Wall Street.
Growing up as an only child in the Deep South in Savannah, Georgia, Shank was no stranger to racism and discrimination from a young age.
"I saw a lot of racial and gender discrimination firsthand, either through my parents or people making remarks to me directly," said Shank, who is the CEO and president of the women- and minority-owned investment bank Siebert Williams Shank.
Rather than be deterred...
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We talked to 67 Black women CEOs and executives about their time in corporate America. Here are our biggest takeaways

We talked to 67 Black women CEOs and executives about their time in corporate America. Here are our biggest takeaways

1 month ago   |   By Business Insider

Summary List Placement Corporate America is a notoriously hostile environment for Black women, but a growing cohort of leaders is paving the way for increased representation and change.
Between the broken rung , implicit bias, and the glass cliff phenomenon , there is a litany of obstacles that Black women face at work. 49% of Black women feel that their race or ethnicity will make it harder for them to secure a raise or land a promotion. And for every 100 men hired into managerial roles, only 64 Black women are hired. At every subsequent level of promotion, the representation gaps will...
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A SPAC backed by an LA Dodgers co-owner will take online ticket reseller...

A SPAC backed by an LA Dodgers co-owner will take online ticket reseller Vivid Seats public at a $2 billion valuation

Summary List Placement A blank check company backed by Los Angeles Dodgers co-owner Todd Boehly announced Thursday that it is taking online ticket marketplace Vivid Seats... Read more ...

At Climate Summit, Biden Stresses U.S. Commitment And Economic Opportunity

At Climate Summit, Biden Stresses U.S. Commitment And Economic Opportunity

President Biden's Earth Day summit with 40 global leaders is an attempt to reassert U.S. leadership on the world stage. The White House hopes the meeting will lead to big new... Read more ...

US troops in Syria seem to be getting hit with directed-energy attacks, and...

US troops in Syria seem to be getting hit with directed-energy attacks, and the Pentagon suspects Russia is doing it, report says

Summary List Placement The US is investigating what appears to be directed-energy attacks on US troops, and the Pentagon suspects Russia is behind them, Politico reported... Read more ...

Time is running out for the 53 crew members on a missing Indonesian...

Time is running out for the 53 crew members on a missing Indonesian submarine. Authorities say the vessel has less than 36 hours of oxygen left

Summary List Placement The Indonesian navy is racing against time to find and save the 53 crew members on board the missing KRI Nanggala-402 submarine, as the vessel only... Read more ...

Israel says a Syrian missile struck near its top-secret nuclear reactor, so...

Israel says a Syrian missile struck near its top-secret nuclear reactor, so it attacked Syria back

Summary List Placement Israel and Syria exchanged missile attacks early Thursday, with Israel's military saying that a Syrian surface-to-missile exploded near its top-secret... Read more ...

Extinction Rebellion activists break windows, stage protest outside HSBC HQ...

Extinction Rebellion activists break windows, stage protest outside HSBC HQ in London over fossil fuel financing

A group of female climate activists protested outside the headquarters of HSBC in London, breaking multiple windows and staging a sit-in over the bank's involvement in... Read more ...

House votes 350-71 passing legislation limiting arms sales to Saudi Arabia...

House votes 350-71 passing legislation limiting arms sales to Saudi Arabia, in response to 2018 killing of Jamal Khashoggi

Summary List Placement The US House of representatives voted 350-71 to pass a measure that would restrict US arms sales to Saudi Arabia in response to the 2018 killing of Saudi... Read more ...

‘I don't owe Snoop $2MN': UFC's White denies ‘illegal' wager with rapper...

‘I don't owe Snoop $2MN': UFC's White denies ‘illegal' wager with rapper after telling Mike Tyson that Askren would beat Jake Paul

Dana White has denied rumors that he owes Snoop Dogg $2 million after Jake Paul knocked out Ben Askren and insisted that he has never illegally betted in his life - despite the... Read more ...

Tesla's top lawyer has left Elon Musk's company for a 26-year-old...

Tesla's top lawyer has left Elon Musk's company for a 26-year-old billionaire's self-driving startup

Summary List Placement Tesla's top lawyer, Alan Prescott, has left the electric car company to join Luminar Technologies, a startup that develops laser sensors for self-driving... Read more ...

Cops are willing to say Derek Chauvin is a murderer. Right-wing media stars...

Cops are willing to say Derek Chauvin is a murderer. Right-wing media stars are still struggling with that fact

Summary List Placement Derek Chauvin murdered George Floyd. We can say that now that, after a jury of Chauvin's peers said he committed second-degree murder when the former... Read more ...