HSBC’s Gender Pay Gap, the Worst in U.K. Banking, Is Now Even Bigger
- Bank reported a 59% gap last year, already biggest among peers
- National average is around 17 percent, finance skews higher
This article is for subscribers only.
Pay for female staff at HSBC Holdings Plc’s U.K. business fell further behind male colleagues’ in the last year, according to new figures from the London-based bank.
Women at HSBC earned 61 percent less on average compared with male employees at the lender, a wider gap than the 59 percent difference the firm reported a year ago, already the biggest in the banking industry.