In 2023, female bank staff earned, on average, almost 25% less than male staff, and the pay gap was more pronounced in investment firms, where women earned 32% less than men, according to data published by the European Banking Authority (EBA) on Tuesday 15 April.
The European authority encourages financial institutions and the national competent authorities to analyse the reasons for such pay gaps. It is announcing increased monitoring of aspects related to gender equality in its...