'Fearless Girl': New statue stares down Wall Street's bull

'Fearless Girl': New statue stares down Wall Street's bull

The sculpture's silhouette facing "Charging Bull" also echoes the famous Occupy Wall Street image of a dancer posing atop the bovine sculpture, though here the woman is now a girl and in the way of the charging bull.

"SSGA has placed a statue of a young girl, representing the future, in the center of the world's financial capital-right near Wall Street in New York City", it said in a statement.

A Wall Street firm is marking International Women's Day with a call to increase gender diversity on corporate boards and is driving the point home with a symbolic standoff. They will also send out letters to more than 3,000 companies asking them to act on the issue.

McCann New York advertising agency erected the statue for its client State Street Global Advisors in order to highlight the finance industry's gender inclusivity, lack of equal pay for women and issues with diversity. But what does the Fearless Girl stand for and which message does it want to tell the world?

The statue is meant to mark International Women's Day and the firm's push for gender parity.

"We believe good corporate governance is a function of strong, effective and independent board leadership", State Street Global Advisors chief executive officer Ron O'Hanley said in a statement.

More news: Planned Parenthood Closer to Losing Federal Money

Almost one quarter of boards represented in the Russell 3000, an index of the entire U.S. stock market, have no women at all, according to Heinel.

USA money manager State Street said Wednesday it is going to start putting real pressure on the 3,500 companies it invests in to put more women in charge - or they'll put their money where their mouth is and leave. "To me it says a woman can be delicate and petite, but strong".

State Street is aiming to keep the statue of the girl up for at least a month.

The statue emerged as women in Boston and around the country participate in a general strike called "A Day Without Women," choosing not to go to work or shop for the day, with exceptions for small or women-owned businesses.

The bull, designed by Italian-born artist Arturo Di Modica, was initially taken down from its spot by the New York Stock Exchange but was placed permanently on Broadway.

Related Articles

  • Here's How Tech Companies Are Responding To The Women's Strike

    Here's How Tech Companies Are Responding To The Women's Strike

    It is also a day to remember that more work - a lot more work - toward achieving gender equality and women's rights remains. The strike is planned and organized by women in more than 50 countries to promote issues facing women who are marginalized.
    Tom Brady endorses meal subscription service

    Tom Brady endorses meal subscription service

    According to ESPN's Darren Rovell , Tom Brady's next endorsement venture is the "plant-based meal company Purple Carrot of MA ". The subscription-based plan ships customers three meals a week for two people and rings in at $78 (roughly $13 a meal).
    Americans having less sex, new study finds

    Americans having less sex, new study finds

    While some refused to answer the question, or did not know the answer, 94% of participants responded. Twenge has shown in previous studies that millennials are also having fewer partners.
  • Hilton Named to 2017 Fortune 100 Best Companies to Work For® List

    Hilton Named to 2017 Fortune 100 Best Companies to Work For® List

    Data for the rankings is compiled through anonymous employee surveys as well as other information gleaned from companies. The selection process includes an employee survey and an in-depth questionnaire about company practices and programs.
    New Uncharted 'unlikely' as Naughty Dog hints at new franchises

    New Uncharted 'unlikely' as Naughty Dog hints at new franchises

    Asav is back on the hunt tusks of Ganesh, a jewel in honor of Ganesh goddess, created by Hoysala (never been to our real world). Along with dealing with Chloe's cultural heritage, The Lost Legacy will also explore the relationship she has with her father.
    Estimations under Considerations: H & R Block Inc (NYSE:HRB)

    Estimations under Considerations: H & R Block Inc (NYSE:HRB)

    The share price is now 0.91 percent versus its SMA20, -5.35 percent versus its SMA50, and -6.53 percent versus its SMA200. The company reported ($0.49) EPS for the quarter, topping analysts' consensus estimates of ($0.52) by $0.03.
  • UCA Student Juggles to Prove Sobriety to Police

    UCA Student Juggles to Prove Sobriety to Police

    "I perform professionally as a magician and juggler , taking my entertainment wherever it's needed", Puckett told Global News. He said being polite, having manners, and showing courtesy goes a long way in providing a safe traffic stop.
    Reality Check: Has North Korea become a greater threat?

    Reality Check: Has North Korea become a greater threat?

    South Korea's military said on Tuesday the projectiles were an improved version of Scud missiles previously fired by North Korea . Acting South Korean President Hwang Kyo-ahn denounced the launches as "a grave provocation to the worldwide community".
    Senators ask FBI, DOJ to turn over evidence of wiretapping

    Senators ask FBI, DOJ to turn over evidence of wiretapping

    President Donald Trump has accused former President Barack Obama of tapping his phones at Trump Tower before the election. Because it means the administration would like someone to find out if there is any truth to what the president claimed.
  • US Private Sector Employment Jumps Much More Than Expected In February

    US Private Sector Employment Jumps Much More Than Expected In February

    Oil could weigh on the markets, following a 1 percent drop in prices after a report showed a large rise in USA crude inventories. Appearing on CNBC, Mark Zandi, the chief economist of Moody's Analytics , said confidence "is playing a large role".
    `Injured` Mitchell Marsh ruled out of rest of India Tests

    `Injured` Mitchell Marsh ruled out of rest of India Tests

    Stoinis will head to India after the conclusion of Victoria's Sheffield Shield game against Western Australia in Alice Springs. But selectors were wooed by his unbeaten knock of 146 at Eden Park during Australia's ODI tour of New Zealand last month.
    New fault line found in California, already overdue for whopper quake

    New fault line found in California, already overdue for whopper quake

    The disparate data have different resolution scales and depth of penetration providing a "nested survey" of the region. Previously, this system produced a 6.4 magnitude quake in Long Beach, Calif that killed 115 people in 1933.