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EBA Report Reveals Persistent Gender Pay Gap in European Financial Sector
EBA Report Reveals Persistent Gender Pay Gap in European Financial Sector
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The European Banking Authority’s 2023 remuneration report exposes a stark gender pay disparity across financial institutions, with women earning 24.48% less than male colleagues on average. Investment firms show even greater inequity at 32%.
Data from 351 institutions and 102 investment firms reveals risk-taking roles maintain a 21.64% gap. The underrepresentation of women in senior positions emerges as the primary driver of these imbalances.
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