Minority- and women-owned firms would like a bigger piece of New York's underwriting pie as these so-called smaller firms yesterday weighed in on the roadblocks and misconceptions that hinder their ability to serve in senior and co-senior banking positions.

More than 20 minority- and women-owned business enterprises, or MWBEs, including a few larger banks, testified in a public hearing in New York City before a state's task force to add their suggestions on how changes in state policy could facilitate more senior underwriting opportunities for the firms.

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