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Big Banks

Highest Paid CEO's in World of Banking

August 15, 2017

The Financial Times recently compiled a list of the total compensation packages of bosses at the world's biggest banks – including salaries, bonuses and stock awards. By all indications, CEOs continue to be generously compensated, even as their banks struggle with multi-billion losses and, in some cases, legal bills.

 

Some Factoids.    The following countries are represented in the “Sweet 16” list: United States (6 -including 5 of the highest paid); England (5); Switzerland (2); Canada (2); Spain (1).

 

All 20 of the best-paid CEOs are men, while 19 are white men, with Credit Suisse boss Tidjane Thiam the only member of the BAME community (British, Black, Asian, Minority Ethnic).

 

  1.  Jamie Dimon, JPMorgan Chase — $28.2 million (£21.6 million)
  2.  James Gorman, Morgan Stanley — $22.5 million (£17.3 million)
  3.  Lloyd Blankfein, Goldman Sachs — $22.3 million (£17.1 million)
  4.  Brian Moynihan, Bank of America Merrill Lynch — $20.2 million (£15.5 million)
  5.  Michael Corbat, Citigroup — $15.5 million (£11.9 million)
  6.  Sergio Ermotti, UBS — $13.9 million (£10.7 million)
  7.  Stuart Gulliver, HSBC — $13.1 million (£10.1 million)
  8.  Tim Sloan, Wells Fargo — $12.9 million (£9.9 million)
  9.   Antonio Horta-Osorio, Lloyds Banking Group —$10.3 million (£7.9 million)
  10.  Jes Staley, Barclays — $10.2 million (£7.8 million)
  11.  Tidjane Thiam, Credit Suisse — $9.9 million (£7.6 million)
  12.  Bill Winters, Standard Chartered — $7.6 million (£5.8 million)  [tied with McKay]
  13.  David McKay, Royal Bank of Canada —$7.6 million (£5.8 million)  [tied with Winters]
  14.  William Downe, Bank of Montreal — $7.3 million (£5.6 million)
  15.  Jose Antonio Alvarez, Santander — $7.2 million (£5.5 million)
  16.  Ross McEwan, RBS — $7 million (£5.4 million)