Industry News: ESG

HSBC’s Gender Pay Gap, the Worst in U.K. Banking, Is Now Even Bigger

Written by ESG | 17-Jan-2019 3:39:49 PM

2019-01-08

Bloomberg: Pay for female staff at HSBC Holdings Plc’s U.K. business fell further behind male colleagues’ in the last year, according to new figures from the London-based bank.

Women at HSBC earned 61 percent less on average compared with male employees at the lender, a wider gap than the 59 percent difference the firm reported a year ago, already the biggest in the banking industry.

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