Sexism in the City: In London, female bankers' bonuses are 80 percent lower


While regulators wrestle with how to curb banking bonuses, no one seems to have noticed that women working at London's top 50 banks and finance companies in the City are receiving bonuses worth an average of 80 percent less than their male counterparts. That means men take home about five times more than their female colleagues.

The study found that the average bonus for women in finance was £2,875 ($4,760) -- compared with £14,554 ($24,102) for men. And that's not the end of the story. The figures, released yesterday by the U.K.'s Equality and Human Rights Commission, show that inequality starts on the first day of work, with starting salaries for women a whopping 37 percent lower than those of their male peers.