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Britain's financial regulator demanded the appointment of more women and non-white minorities to the leadership of Britain's largest firms on Wednesday, saying at least 40% of board members should be women.
The Financial Conduct Authority (FCA) also proposed that at least one senior position, such as company chair, chief executive or chief financial officer, be held by a woman, and at least one board member should be from a non-white ethnic minority background.
Read more at Reuters.