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Investment banks show little progress quashing gender pay gaps in 2023

Wealth Management Correspondent

Investment Banking Editor

Investment banks including HSBC, Rothschild and JPMorgan have the biggest gender pay gaps among top City firms, showing that diversity efforts to bolster the number of women in the senior ranks are still falling flat.

The three firms had the biggest median pay gap among the 66 City companies analysed by 

with investment banks more broadly lagging peers in sectors including asset management and law.

HSBC, Rothschild and JPMorgan have biggest gender pay gaps: ‘Scrub out distortions and you’ll see we’ve gone nowhere’

Kristen McGachey

Paul Clarke

JPMorgan

Bridgepoint

Morgan Stanley

Goldman Sachs

HSBC

Lazard

Abrdn

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