https://phys.org/news/2018-07-reveals-crucial-importance-gender-bank.html

The research shows that 'alpha male' characteristics such as arrogance and hubris were found in the leadership styles of male leaders in financial institutions that failed or required a bailout or recapitalisation. Characteristics associated with an 'authentic' leadership style, like having an internal moral compass and a commitment to values, were found in senior women leaders, and not in the banks that failed, needed bailout or recapitalisation.

The findings were given as written evidence to the House of Commons Treasury Select Committee Women in finance inquiry, which recently published its report. It found that despite the benefits of gender diversity, there is clear underrepresentation of women in senior positions in the sector. It called for the reform of bonus negotiations and promotion of flexible working, to abolish 'alpha male' culture in finance and encourage the progression of women to senior levels.