The European Banking Authority (EBA) published today its Report on high earners for 2022. The analysis reveals an increase of the number of individuals working for EU banks and investment firms who have received a remuneration of more than EUR 1 million. This increase is linked to the overall good performance of institutions, expansion of business and salaries adjusted for inflation.
In 2022, the number of high earners receiving a remuneration of more than EUR 1 million increased by 19.7%, from 1 957 in 2021 to 2 342 in 2022. The EBA’s analysis also includes data on the gender distribution among high earners, highlighting a persistent gender imbalance within the financial sector, and particularly the highest paid positions.
The weighted average ratio of variable to fixed remuneration for all high earners of credit institutions stood at 85.3%, while it reached 489% for high earners of investment firms, for which the ratio between the variable and the fixed remuneration no longer applies as of 2021.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: