Black On Wall Street: Slow Progress In Building The Numbers By Juliette MICHEL
on December 21 2020 5:38 PM
In a more than two-decade run in finance across five countries, Troy Prince came across just one other Black person on a trading desk.
In 2018, he founded Wall Street Bound because after 20-plus years, I felt something has to be done, because it s not changing, Prince said in an interview.
The non-profit trains young talent from underrepresented populations on the combination of hard number-crunching competencies and soft skills on corporate culture to help them navigate Wall Street. Of course, no one will overtly say trading desks are reserved for white men, Prince told AFP. But on the trading desk, in investment banking teams, troops are recruiting from the same schools, from the same fraternities, the lacrosse team.
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