American Banker: The weak point in banks' rosy pay-gap numbers

The number is meaningful, [Lamb] said, because it’s a start. The banks have been hard to persuade to do even this much. Often when Arjuna Capital begins engaging with companies on this concept, they haven’t looked at or analyzed the numbers at all. “This is such an improvement over this ‘trust us [we have no pay gap]’ approach we’ve seen for so long,” she said.

Read the story at American Banker.