Worry not for US bank CEOs — they still got their pay hikes during Covid-19
The average bump was 26% for those who got a raise, data shows
25 May 2021 - 17:51
The heads of most large US banks saw their pay increase during the pandemic.
Among banks with more than $1bn in assets, two-thirds of CEOs had an increase in compensation in 2021, according to a study by analysts at broker-dealer Janney Montgomery Scott. The average bump was 26% for those who got a raise, the data showed...
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