At the top of Europe's banks, it's still a man's world

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At the top of Europe's banks, it's still a man's world

Women remain rare visitors to the highest echelons of European banks.

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The 25 biggest banks by assets have seen 22 changes in chief executive and chair over the past two years, including announcements of upcoming appointments, according to a Reuters review of senior industry roles. Twenty-one of those 22 jobs went to men.

Only one lender - Britain's NatWest - has a female CEO, while two - Spain's Santander and the Netherlands' Rabobank - have a woman chairing their governing boards.

"Tim goes away, so who looks like Tim?" said Claire Godding, the former long-time head of diversity for BNP Paribas in Belgium, citing unconscious bias as the prime culprit.

"It's usually not a Sarah."

The review, on International Women's Day, provides just a snapshot of the industry, yet indicates how far banks have to travel to achieve equality at the top.

It suggests that, while Europe is making progress in diversifying its C-Suite, it has fallen behind Wall Street in an area that could provide a competitive edge.