American Banker: Big banks need to stop tinkering with gender pay-gap data

By Natasha Lamb, October 8, 2019

Most large banks are scared to share companywide wage data with investors, especially if it reveals the true extent of global gender pay inequity.

Bankers worry that double-digit pay gaps will drive negative headlines, opening a Pandora’s box to shareholder measures that seek to level the playing field for women, particularly at the upper echelons.

But the risk of inaction is far greater than the risk of sitting still.

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