Remuneration growth leading bankers for the year accelerated 15 times


Payments to managers of large banks in 2015, growing 15 times faster than a year earlier, writes on Tuesday, the Financial Times, citing the results of a study conducted jointly with the consulting firm Equilar, which tracks the earnings of top managers. In the preparation of the study took into account salary, bonuses and pension contributions of the top managers of major banks in the U.S., Europe, Canada and Australia.

On average, the payment of the 20 highest-paid Bank executives for 2015 grew by 7.6%, the newspaper notes. In 2014, average compensation grew by only 0.5%.

On average, a leading banker has received for 2015 $13.1 million While the bankers of wall street have earned twice as much as their European counterparts. Leaders of the six us banks — JPMorgan Chase, Goldman Sachs, Citi, Wells Fargo, Bank of America and Morgan Stanley for the year 2015 were received, on average, $20.7 million, more than 10% higher than their compensation in 2014. European bankers, on average, received $10.4 million FT explains that American banks have shown for 2015 better financial results than the European one.

The leader in revenue for 2015 among the leaders of the 20 largest banks-became the head of JPMorgan Jamie Dimon. 92% of the Bank’s shareholders at the last annual meeting voted to increase his compensation by 36% to $27.6 million Dimon will receive the full amount only in case if the Bank will achieve in the next three years financial performance.

Second place was taken by the chief Executive officer of Goldman Sachs, Lloyd Blankfein. It happened despite the fact that in may 66% of shareholders voted for a reduction in his remuneration to $23.4 million from $24 million in 2014.

The head of the British Bank Standard Chartered bill winters received $22.4 million, the new head of the Swiss Credit Suisse Tidjan Thiam — $21.1 million And winters, and Thiam led the banks in the summer of 2015. As the FT notes, both included in remuneration compensation for loss of earnings as a result of the change of place of work ($10 million from winters and $15 million from Thiam).

The remuneration of the head of Citigroup’s Mike Corbat in 2015 increased by 31% to $16.5 million Against this at the annual General meeting of shareholders voted more than a third of investors.

Despite the relatively low profitability of capital in the banking sector, in the sector pay great rewards, says bill the Council of foreign Ministers of the American investment company Smead Capital. But some bankers, in particular Jamie Dimon, earned money, helping their banks to adapt to greater regulation, he said.