May 18, 2015

North American banks in Luxembourg united in Diversity

Rebecca Jackson (BNY Mellon), Alexandra Waite (BNY Mellon), Xavier Bettel (Luxembourg Prime Minister) and Sonia Biraschi (State Street Bank)

From left: Rebecca Jackson (BNY Mellon), Alexandra Waite (BNY Mellon), Xavier Bettel (Luxembourg Prime Minister) and Sonia Biraschi (State Street Bank)


The Grand Duchy of Luxembourg celebrated its first national Diversity Day on Tuesday 12th May 2015. The day, organized by the Committee for the Luxembourg Diversity Charter, brought together organizations and citizens with a view to promoting every aspect of diversity in society.

To mark the occasion, UiD ‘United in Diversity’ group, a diversity networking group created by BNY Mellon, State Street and JP Morgan in 2014 organised a conference on ‘Unconscious Bias.’ This was a unique joint learning and networking event attended by 140 employees from across the seven North American banks in Luxembourg. Participants learned about the impact unconscious bias can have on decision-making, business success and the dynamics of an organization.

Luxembourg Prime Minister, Xavier Bettel and Minister for Family Affairs and Integration, Corinne Cahen joined the participants at the conference to celebrate Diversity Day and commend companies for joining forces to help strengthen diversity in Luxembourg society.

Luxembourg is the largest European fund domicile and the second largest fund center in the world after the US. BNY Mellon employs over 250 people in the Grand Duchy and provides a broad range of investment services solutions to a growing number of leading fund sponsors and issuers.