Racial diversity at the largest U.S. banks

Statistics report on racial diversity at the largest U.S. banks

Racial diversity at the largest U.S. banks

This report analyzes racial and ethnic representation across major U.S. banks. It examines workforce demographics at multiple organizational levels, including overall employee composition, executive and senior leadership positions, and distribution across job functions and departments. The final chapter evaluates supplier diversity programs, detailing annual procurement spending with minority-owned businesses and diverse suppliers.

Table of contents

Overview

5
  • Basic Statistic U.S. full-time employees 1990-2023
  • Basic Statistic U.S. employment rate in 2023, by race and ethnicity
  • Basic Statistic U.S. unemployment rate, by ethnicity 2023
  • Premium Statistic U.S. number of employed persons 2023, by ethnicity
  • Premium Statistic Number of women-owned firms in the United States, by race/ethnicity 2021

Total workforce

7
  • Premium Statistic Racial diversity in the total workforce of the largest U.S. banks 2023
  • Premium Statistic Share of Black/African American employees at the largest U.S. banks 2023
  • Premium Statistic Racial diversity in the workforce of JPMorgan Chase in the U.S. 2019-2023
  • Premium Statistic Racial diversity in the workforce of Bank of America in the U. S. 2019-2023
  • Premium Statistic Racial diversity in the workforce of Wells Fargo in the U.S. 2019-2023
  • Basic Statistic Racial diversity in the workforce of Citigroup in the U.S. 2019-2023
  • Premium Statistic Racial diversity in the workforce of PNC in the U.S. 2020-2023

Leadership

7
  • Premium Statistic Racial diversity on executive and senior level at the largest U.S. banks 2023
  • Premium Statistic Share of Black employees on executive and senior level at the largest U.S. banks 2023
  • Premium Statistic Racial diversity in the leadership of JPMorgan Chase 2023, by position
  • Premium Statistic Racial diversity in the leadership of Bank of America in the U.S. 2023
  • Basic Statistic Racial diversity in the leadership of Citigroup in the United States 2022
  • Premium Statistic Racial diversity in the leadership of PNC 2023
  • Premium Statistic Racial diversity in the leadership of Goldman Sachs 2023

Job categories

5
  • Premium Statistic Racial diversity at JPMorgan Chase in the U.S. 2023, by job category
  • Premium Statistic Racial diversity at Bank of America in the U.S. 2023, by job category
  • Basic Statistic Racial diversity at Citigroup in the U.S. 2022, by job category
  • Basic Statistic Racial diversity at PNC in the U.S. 2023, by job category
  • Premium Statistic Racial diversity at Goldman Sachs in the U.S. 2023, by job category

Supplier diversity

4
  • Premium Statistic Tier 1 and Tier 2 spent on diverse suppliers at JPMorgan Chase 2023
  • Premium Statistic Supplier diversity at Wells Fargo 2012-2023
  • Basic Statistic Supplier diversity at Citigroup 2020-2023
  • Premium Statistic Supplier diversity at Truist Bank 2020-2022

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