Reuters: #MeToo movement puts pressure on U.S. banks to disclose diversity data

Under pressure from Arjuna shareholder proposals, Citigroup and Bank of America each said this month that on average they pay women 99 percent of what they pay men in the United States and in other countries. Arjuna Managing Partner Natasha Lamb said she would still like to see the banks release pay measures broken down by job level. Arjuna is still seeking pay ratio details from other banks this spring including Wells Fargo.

 

Read this article at Reuters.

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