Weekly Global News Wrap: Gender pay gap in UK banks at 32.1%; Spain mulls creating consumer protection authority

And over 200,000 globally apply for internships at Goldman Sachs.

From Reuters:
The average mean gender pay gap amongst UK financial institutions stands at 32.1% in 2021–way higher than the 14.9% average pay gap for all British employers, a Reuters analysis found.

Wall Street giant Goldman Sachs International once again accounted for the industry's widest gender pay gap among the firms surveyed, with men working for the bank in Britain on average getting 51.3% more in pay per hour than women.

Deutsche Bank and UBS both lost ground, with their gaps widening by around 1% respectively to 33.4% and 29%.

From Reuters:
Spain is planning to launch a consumer protection authority to ensure that banks and other financial institutions meet obligations towards customers.

This follows after complaints of unfair mortgage lending, and financial exclusion, particularly of the elderly.

"(Financial services) is the area with the highest number of complaints from citizens, and one that has a very high degree of litigation," Economy Minister Nadia Calvino told a media briefing.

A record 236,000 globally has reportedly applied for internships at Goldman Sachs, according to data provided to CNBC.

The number of college students applying to internships jumped about 16% from 2021, reaching a record level, according to a person with knowledge of Goldman’s figures.

A separate 202,000 applicants applied for analyst jobs in the bank, up 27% from the prior year, well above the 14.9

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