Why Wall Street hasn't been hit by #MeToo yet

Defiant girl statue on Wall Street
The 'Fearless Girl' statue stands facing the 'Charging Bull' on Wall Street. Photo: Jewel Samad / AFP via Getty Images

Bloomberg's Max Abelson looked at why the #MeToo movement, which has swept through almost every industry nationwide, has yet to make an impact on Wall Street.

Why it matters: Women in finance aren't immune to bad behavior from their colleagues — they too have been grabbed, harassed, humiliated and propositioned — but the industry has been particularly skilled at keeping them from going public. According to Abelson's interview with 20 current and former Wall Street women, they say they have stayed quiet because "they have a lot to lose by speaking out, no certainty about what they’d gain, and legal agreements that muzzle them."