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I think we all like to think that things are a meritocracy. But no matter how much you achieve educationally or professionally, you will always have to show more than others to get a similar level of respect as your coworkers.

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Investment banking is a pretty bespoke apprenticeship business. This means a lot of opportunities at winning deals are predicated on personal networks which tend to be fairly homogenous. White managers need to be conscious of the environments they’re fostering so...