Top UK bankers at this firm paid average twice as much as U.S rivals

Pic Cash

It clearly pays to be at this firm.

Goldman Sachs paid its top bankers in the U.K. an average of $4.72m in 2013, about double what its largest U.S. rivals awarded to their most senior workers in Britain.

Bloomberg News reports that the 121 employees received $106.3m in cash bonuses and stock valued at $377.4m at the end of 2013 in addition to salaries of $87.3m, according to Goldman Sachs regulatory disclosures for U.K. operations. More than two-thirds of the total went to investment-bank employees.

Bank of America awarded 110 employees an average of $2.54 million each, according to its filing. Morgan Stanley, JPMorgan Chase & Co and Citigroup Inc. paid their top U.K. staff an average of $2.39 million, $2.37 million and $2.13 million, respectively. 

To access the complete Bloomberg News article hit the link below:

Goldman Sachs Pays Top U.K. Bankers Double That of U.S. Rivals

Hedge Funds Surrender to Oil Rout as Bullish Bets Drop

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts