Citigroup Archives — Arjuna Capital

In The News

February 13, 2019

WASHINGTON POST: Amazon, Bank of America and Facebook are under pressure to reveal their median gender pay gap

An investor activist said Wednesday it is targeting 11 additional financial and tech firms — including Facebook, Google parent Alphabet, JPMorgan Chase and Bank of America — urging them in new shareholder proposals ...

In The News

February 13, 2019 by Bloomberg

BLOOMBERG: Big U.S. Banks Resist Pressure for More Gender Pay Gap Disclosure

Arjuna Capital is pushing for a more complete and less rosy accounting of the gender pay gap. Last year, Citigroup announced that men and women ...

Press & News

January 18, 2019

Citigroup pays women 30% less than men

This year’s larger analysis follows a similar report in 2018 that only examined 36% of its workforce spanning three countries.Citi says that it was the first US bank to release ...

In The News

January 18, 2019 by The Washington Post

Citigroup is revealing pay gap data most companies don’t want to share

The news, which Citi revealed in a blog post Wednesday morning, followed a proposal from activist investor Arjuna Capital for Citi to go beyond reporting a figure that was recently ...

In The News

January 18, 2019 by Reuters

Giant U.S. bank reveals 29 percent pay gap between men and women

NEW YORK (Thomson Reuters Foundation) – Female employees at Citigroup Inc around the world are paid just 71 percent of what men earn, the giant bank said on Wednesday, declaring its intentions ...

In The News

January 18, 2019 by CBS News

Women at Citigroup have made strides, just not to top ranks

“The fact of the matter is financial services is a heavily male-dominated field, and women aren’t inhabiting the highest-paying jobs and leadership positions,” said Natasha Lamb, managing partner of ...

In The News

January 18, 2019 by Forbes

Citigroup Admits It Pays Women 29% Less Than Men

Citigroup disclosed its compensation data following pressure from activist shareholder Arjuna Capital, which filed a shareholder proposal asking the bank to report on its global median pay gap. “...

In The News

July 26, 2018 by Jena McGregor for The Washington Post

The Washington Post: Why some workers are seeing unexpected pay raises

More and more companies are making broad pay adjustments after taking deep dives into worker pay data. They are auditing their payrolls for gaps between men’s and women’s ...

In The News

May 10, 2018 by Phillip Mann for International Banker

International Banker: Banks now under increasing pressure to address the gender pay gap

Citigroup is the first US bank to provide wage date divided by gender and ethnicity. Banks have been reluctant to share this kind of data, but proposals from shareholder activists ...

In The News

February 13, 2018 by Jeffry Pilcher for The Financial Brand

Financial Brand: Closing the gender pay gap in banking

“This is not just about paying women a fair wage, it’s about transforming an industry that has overlooked and mistreated women for far too long,” explains Natasha Lamb, managing ...

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