
News
Share
Published 22:37 1 Sept 2016 BST
Updated 22:47 1 Sept 2016 BST

'To provide one example, for men, the wearing of brown shoes with a business suit is generally, though not always, considered unacceptable by and for British bankers within the investment banking, corporate finance, division. 'Issues relating to dress may seem both superficial and relatively simple for individuals from all backgrounds to adopt. 'However, interviewees suggested that they do play a material role in the selection process, once again, as demonstration of 'fit'.'The study also found that those trying to break into the life sciences - namely pharmaceuticals, medical bio-technology and medical technology - would face barriers if they hadn't studied at one of the country's most prestigious universities.
But it's not just choice of footwear that can trip up prospective banking hopefuls. One guy interviewed in the study, who claimed to be from a non-privileged background, said he was called out on his tie. Three plus years of head-in-book, overnight studying in the library just be told you've had a wardrobe malfunction.
Recalling the conversation, the candidate recalled:
"He said 'you're clearly quite sharp, but you're not quite the fit for [this bank], you're not polished enough'. "He looked at me and said, 'see that tie you're wearing? It's too loud. You can't wear that tie with the suit that you're wearing'. "What kind of industry is this where I can be told that I'm a good candidate, I'm sharp, but I'm not polished enough?"Alan Milburn, chair of the Social Mobility Commission, acknowledged that while some banks are making great progress in working to eliminate these barriers, there are still too many that are failing to even consider candidates from less advantaged backgrounds.
He added: "It is shocking, for example, that some investment bank managers still judge candidates on whether they wear brown shoes with a suit, rather than on their skills and potential."Read more:
Explore more on these topics:
Loch Lomond crash: boy, 16, and man, 80, killed in light aircraft crash near Drymen
Major incident declared after fatal plane crash Two people have died following a light aircraft crash in Stirlingshire, prompting a major emergency response and an investigation into the circumstances surrounding the incident. The victims were a 16-year-old boy and an 80-year-old man, who were both found dead after the aircraft came down near Drymen on […]
News
16h
White House press secretary Katie Zacharia fired after five days in position
It comes after Trump said she should ‘reconsider’ her job White House press secretary Katie Zacharia has been fired after five days in the position, as per reports. Zacharia had a tough start to life in the role, hosting a briefing on Tuesday which caused a lot of criticism and raised a number of questions. […]
News
1 day ago
19 people injured after Channel Tunnel collision between bus and train
News