Investment Banking

HSBC’s Black pay gap grows

Median pay gap for Black staff grows to 24.2%, while pay differential for women remains flat

Only 1.8% of HSBC's UK top brass identify as Black
Only 1.8% of HSBC's UK top brass identify as Black Photo: Hollie Adams/Getty Images

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HSBC’s pay gap for Black employees in the UK increased last year, while its gender pay gap flatlined as it struggles to get more women into its top ranks.

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