UBS looks to address gender pay gap

UBS is looking at the relative pay of men and women in its investment banking arm as part of its compensation review, and is taking steps to close any significant gaps, sources familiar with the matter said.

Reuters reports that the move comes as UBS, along with other Wall Street banks, looks to curb the high number of female employees who leave.

Reuters reported on Tuesday that the bank was freezing pay across its investment bank, pending a review in the second quarter of the year. 

That will include a look at the role diversity plays in the bank, amongst other factors including market volatility, the geographical spread of staff, and performance, sources said.

To access the complete Reuters article hit the link below:

Swiss bank UBS looks to address gender gap in pay review - sources

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