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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

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Share Price: 711.60
Bid: 711.50
Ask: 711.70
Change: 14.10 (2.02%)
Spread: 0.20 (0.028%)
Open: 705.40
High: 711.80
Low: 703.60
Prev. Close: 697.50
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UPDATE 1-Goldman Sachs reports gender pay gap of 55.5 percent

Fri, 16th Mar 2018 14:22

LONDON, March 16 (Reuters) - Goldman Sachs on Fridayreported a mean gender pay gap in Britain for its internationalbusiness of 55.5 percent and a mean bonus gap for the unit of72.2 percent.

That gulf in pay comes close to the 59 percent gap revealedon Thursday by HSBC - the biggest yet reported by aBritish financial firm according to government data.

Thousands of large UK employers have been ordered todisclose their gender pay gaps by April, almost 50 years on fromthe passage of Britain's equal pay act.

Goldman Sachs said its gap reflected the fact that therewere more men than women in senior positions at the firm.

It also reported a mean gender pay gap of 16.1 percent and amean bonus gap of 32.5 percent in Goldman Sachs (UK) SVCLimited, which it said employs around 1,600 individuals fromnon-revenue divisions.

The bank employs 6,000 people in London. The remainder ofits UK employees work in its international business.

Other large banks have also been disclosing their gender paygaps ahead of the April deadline set last year by Prime MinisterTheresa May.

The continued gulf in earnings between men and women hasattracted significant public attention over the past year or so.

The gender pay gap measures the difference between theaverage salary of men and women, calculated on an hourly basis.

In Goldman Sachs' international business, 83 percent of thegroup earning the highest hourly pay were men, the bank said,while 62.4 percent of those on the lowest hourly pay were women.

This compared with 77.4 percent men in the highest paidgroup in Goldman Sachs (UK) SVC Limited, and 48.9 percent womenin the lowest paid group.

The Wall Street bank said it is committed to promotingdiversity and inclusion at all levels of the firm. On Thursday,it said it wanted women to make up half of its global workforce,starting with a target of 50 percent of its new analysts beingwomen by 2021.(Reporting by Emma RumneyEditing by Carolyn Cohn and Hugh Lawson)

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22 Jan 2024 10:45

HSBC chair 'confident' on China investment, meets vice president - state media

BEIJING/HONG KONG, Jan 22 (Reuters) - China's Vice President Han Zheng on Monday met with HSBC Chairman Mark Tucker in Beijing and urged the banking giant to deepen cooperation with China to improve Hong Kong's status as a financial centre, the official Xinhua news agency reported.

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18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

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17 Jan 2024 17:05

European shares slide more than 1% on hawkish ECB remarks, disappointing China data

Dec. EZ final consumer prices at 2.9% on yearly basis

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16 Jan 2024 09:27

IN BRIEF: RBC targets completion of HSBC Canada buy in late March

Royal Bank of Canada - Toronto-based lender - Targets March 28 as close date for acquisition of HSBC Bank Canada. RBC will begin conversion activities once the transaction closes and will open the branches and offices in Canada for business a few days later on April 1.

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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15 Jan 2024 17:06

UK's FTSE 100 slips as luxury, bank stocks weigh

FTSE 100 down 0.4%, FTSE 250 flat

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15 Jan 2024 17:00

European shares start week on shaky footing as bond yields rise

Commerzbank gains after merger talks with Deutsche Bank

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15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

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15 Jan 2024 12:04

LONDON MARKET MIDDAY: Stocks head lower in quiet trade amid US holiday

(Alliance News) - Stock prices in London were lower at midday Monday, with trading likely to remain subdued due to a public holiday in the US.

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15 Jan 2024 09:11

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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11 Jan 2024 22:04

First Citizens must 'clean up' claims that HSBC poached Silicon Valley Bank workers

Judge says bank must flesh out claims against ex-SVB employees

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11 Jan 2024 20:28

First Citizens must 'clean up' claims that HSBC poached Silicon Valley Bank workers

Judge says bank must flesh out claims against ex-SVB employees

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 10:59

UK plans new system to tackle small bank failures after SVB collapse

LONDON, Jan 11 (Reuters) - Britain's finance ministry plans to introduce new procedures to manage the failure of small banks more effectively, it said on Thursday, following last year's high-profile collapse of U.S.-based Silicon Valley Bank (SVB).

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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