Author Topic: More bankers in the UK were paid over €1m than in any other nation in the Europe  (Read 1683 times)

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Pete

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The row over bankers' pay has been reignited by data showing that more than 2,400 bankers in the City were paid in excess of €1m (£870,000) in 2011.

More bankers in the UK were paid over €1m than in any other nation in the European Union, where a total of 3,175 met the regulatory description of "high earners". According to the European Banking Authority, the pan-EU regulator, 2,436 of these were in the UK.

The next largest total was in Germany where 170 received €1m or more for 2011 and in France it was 162. In eight countries in the EU, no bankers received more than €1m.

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Fly

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Don't suppose any of them worked for the banks the tax payer's bailed out.  >:
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therealjr

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Suppose this goes back to Cameron's argument that London is the centre of the European banking industry and hence we have more of  the top bods here. His argument is that if we do something about these payments then next year Germany will have 2000+ people in banking paid £1m+ and Britain would lose out.
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