trending Market Intelligence /marketintelligence/en/news-insights/trending/6jk9ijj3jbzbh4djxahrgw2 content esgSubNav
In This List

JPMorgan discloses 1% gender pay gap

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


JPMorgan discloses 1% gender pay gap

Durham, N.C.-based Arjuna Capital LLC has withdrawn a shareholder proposal for disclosure on wage data in JPMorgan Chase & Co. after the lender revealed information on its gender and racial pay gaps.

In a statement posted on its website, JPMorgan disclosed that women are paid 99% of what men are being paid, globally. Meanwhile, minority employees in the U.S. are paid more than 99% of what non-minority employees are being paid. These took into consideration employees' business areas, levels of experience and job descriptions.

JPMorgan is the sixth company to respond to Arjuna Capital's call to disclose gender pay gaps after Citigroup Inc., Bank of America Corp. and Wells Fargo & Co. disclosed theirs earlier this year.