Spanish Bankers Overtook U.K. as Highest Paid by 45% in 2011
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Top Spanish investment bankers were paid an average of almost 2 million euros ($2.6 million) in 2011, about 45 percent more than their British peers, according to a survey by the European Union banking regulator.
The European Banking Authority found that average pay for some U.K. investment bankers fell by about 1 million euros between 2010 and 2011 to 1.38 million euros. The best paid bankers in France, Germany, the Netherlands and Sweden also earned more than those in the U.K. on average in 2011, according to the London-based EBA’s report.