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Leaders at one of the largest investment firms in the world, State Street Global Advisors, will need to ask permission to hire white men as it rolls out a diversity hiring initiative.

“This is now front and central for State Street — it’s on every senior executive’s scorecard,” said Jess McNicholas, the bank’s head of inclusion, diversity, and corporate citizenship in London, according to the Sunday Times.

“All of our leaders have to demonstrate at their annual appraisals what they have done to improve female representation and the number of colleagues from ethnic-minority backgrounds.”

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