EBA points out significant increase in the number of high earners

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EBA points out significant increase in the number of high earners

In this Report on high earners, the European Banking Authority highlights a significant increase of the number of individuals working for EU banks and investment firms who received a remuneration of more than EUR 1 million in the post-pandemic period. This increase is linked to the overall good performance of institutions, Brexit staff reallocations, and inflationary pressures on salaries.
In this alert, you will read more about the reasons behind this dynamic and the inherent risks for banks and financial institutions in the current macroeconomic and geopolitical context.