New research reveals that US bank CEOsĀ earn on average triple the salary of chief executives in banks elsewhere in the world.
According to the Financial Times the study, produced by Bernstein, also revealsĀ that global bank chief executive pay hasnāt changed despite new regulations, which has invariably reduced shareholder returns.
US bank chief executives also earn more than their peers in other sectors from the Fortune 500 by around 66%.
The FT quotes a Bernstein analyst saying that running a US bank ācanāt be that much more complicatedā than running banks in other countries.
Bernsteinās Chirantan Barua is quoted by the FT as saying: āPolitical pressure in markets such as the UK post the bank bailouts also definitely has had an impact on compensation.ā
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