Female financial advisers are less likely than men to have a record of misconduct, but those who do are punished more severely than their male counterparts.
Not only do women have a more difficult time getting ahead on Wall Street, they have an inordinately harder time getting past a misstep.
Some of the largest financial advisory firms in the US have the highest rates of misconduct.
In most industries, contract renegotiations are shrouded in secrecy, making data about timing and tactics hard to come by. But Chicago Booth’s Gregor Matvos is extracting lessons from a more transparent data source for contract renegotiations: the US National Football League.
Locavores argue that shopping in neighborhood stores boosts the local economy, and buying veggies from the farm just out of town reduces your carbon footprint. Now research suggests local is also better when it comes to banking.