Deals
Investment Banking’s Elite Is 96% Men, But There’s a Big Outlier
Malaysia has a higher proportion of female investment bank chiefs than any other big country.
In the male-dominated world of investment banking, women are increasingly rising to the top in a place you might not think to look.
Malaysia, a predominantly Muslim country better known for its recent political turbulence than its gender diversity, now has female bosses at three of its 11 homegrown investment banks. Women also hold the top jobs at the Malaysian units of Credit Suisse Group AG, Rothschild and Oversea-Chinese Banking Corp. And a woman will soon take over the global operations of Maybank Kim Eng, the securities arm of Malaysia’s largest lender.