Abstract

Women are emerging as significant actors in international financial industries concentrated in metropolitan cities which function as national and international business hubs. Based on 17 in-depth interviews with Chinese women bankers in Hong Kong, where one finds the highest concentration of banking institutions in the world, this paper examines the interplay between locality, gender performance and the career mobility of women bankers. The author argues that branch location is embedded within hierarchical fields of power and leads to different client groups, and ultimately, to different opportunities for upward mobility. Women bankers in Hong Kong are skilled in displaying multiple identities by using differentiated styles of language and different tongues, or languages, when interacting with different client groups in different branches. This strategy involves evaluative interpretation of perception because clients themselves make class distinctions according to different service settings. Although mid-level management teams in the banking industry have recently been rapidly feminised, this paper demonstrates that the glass ceiling is still real and continues to exert its invisible, negative impact. The upward mobility of Chinese women bankers is often blocked by informal barriers deeply embedded in the social structure and culture of both local society and international companies. These structural barriers and their resultant structured disadvantages for women are the consequence of the intersection, and sometimes the collusion, of ethnic politics, business or capitalist interests and social norms. Factors and structural forces such as race, ethnicity and gender are intertwined with and compounded to produce deep and far-reaching effects that are often beyond the control of the individual actor.

Highlights

  • Financial industries in world cities are the most globalised and dominant force in the world economy

  • This paper aims to explain how the locality of a bank lays the groundwork for differential self-identity, social engagement, work experience, and the career opportunity of Chinese women bankers in Hong Kong – a subject which has yet to receive substantial attention in international literature

  • When a district manager plans to move an army and send a general to a branch located in Central, he will not consider a person who has been working in Sai Wan [西环 a very old residential area on Hong Kong Island]

Read more

Summary

Introduction

Financial industries in world cities are the most globalised and dominant force in the world economy. In masculinist organisations like merchant banks (McDowell & Court 2008), female bankers’ appearance, facial expressions and social skills have been evaluated as essential attributes to good work performance. Their performance of womanhood plays an important role in nurturing an emotional connection with clients. The image and social discourse of particular areas, such as a key financial district in a city or region, has symbolic power and can be used as a tool for business development. The following table summarises the background information of my respondents

17 Associate
A Woman Banker in Hong Kong
Findings
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.