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Best Banking Firms for Diversity

To determine the Best Banking Firms for Diversity, we used a formula that equally weights the average score in all six diversity categories.
Survey Methodology

Vault has included a separate section for our diversity rankings. Insiders were asked to rate their firm's commitment to diversity with respect to women, racial and ethnic diversity, LGBTQ+ diversity, and diversity with respect to individuals with disabilities and military veterans. Firms with fewer than 15 responses for any given question were excluded from that ranking category. To determine our Best Firms for Diversity, we used a formula that weights the average score in all three categories equally. Like our "Quality of Life" rankings, the diversity rankings reflect the opinions and perceptions of insiders.

Take Our Survey

Each year Vault invites eligible investment banking firms to participate in our annual Banking Survey. Please contact us if you’re interested in having your firm considered for inclusion.

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2025 Best Banking Firms for Racial & Ethnic Diversity

#1
SCORE 9.261
2024 Rank 3
#2
SCORE 9.200
2024 Rank 1
#3
SCORE 9.033
2024 Rank 2
#4
SCORE 8.720
2024 Rank 4
#5
SCORE 8.644
2024 Rank 6
#6
SCORE 8.633
2024 Rank 7
#7
SCORE 8.600
2024 Rank 8
#8
SCORE 8.457
2024 Rank 9
#9
SCORE 8.339
2024 Rank 13
#10
SCORE 8.141
2024 Rank 12