New wage-gap data increases pressure on banks to justify CEO pay

It’s no secret that bank CEOs are paid handsomely. But how their compensation stacks up against workers further down the corporate ladder has been a mystery for years.

Companies have begun pulling back the curtain over the past few weeks, disclosing ratios that compare pay packages for CEOs with average workers’ salaries. The disclosures are required this year for all publicly traded companies, under a provision in the Dodd-Frank Act. READ MORE