Reuters - Goldman and JPMorgan are top of the bonus league

Goldman Bonus Protest

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JPMorgan and Goldman Sachs paid their top bankers in Britain an average of $1.5 million (£1.1 million) each in 2016, compared with $1 million for local rivals HSBC and Barclays, data released by the banks last year shows.

Data compiled by Reuters from 13 banks’ filings, some of which were released only late last month, shows they paid an average of $1.06 million to such staff in 2016, down from $2 million for the year ended December 31, 2013 when new European Union rules aimed at curbing banker bonuses took effect.

JPMorgan paid 672 staff in senior or risk-taking positions a total of $1.02 billion in 2016 for an average of $1.52 million each, while 724 Goldman bankers took home an average of $1.48 million each, according to Reuters’ calculations from the filings.

Hit the link below to access the complete Reuters article:

JPMorgan, Goldman Sachs come top of banker pay league in Britain

Deutsche Bank to resume normal bonuses, some to get raises - CEO


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