HSBC, Goldman Sachs gender pay gaps widen

The numbers show how far financial institutions have to go to close pay differentials, despite a global push by national authorities and investors to tackle inequities.

All the employers said in their pay gap reports they were taking steps to improve diversity, particularly at senior levels.

HSBC, Goldman Sachs, Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.

The data also showed that, at the banks which detailed their pay gaps by ethnicity, the gap was widest between black staff and their white colleagues.