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

By Megan Cerullo, January 16, 2019

Citigroup on Wednesday revealed that women at the fourth-largest U.S. bank earn 29 percent less than men, becoming the first U.S. company to disclose the gap in pay based on gender across its entire workforce.

The company previously released data showing that female employees earn 99 percent of what their male peers do for similar jobs. By contrast, the new numbers point to the relative lack of women in upper management at Citi, an imbalance found across the financial industry and in particular on Wall Street.

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