Bankers beware: Paris is not the city of love for pay - try Frankfurt instead

Bankers might not be so keen to relocate to the continent after figures released today showed it could seriously hamper their pay prospects.

The analysis of 8,065 salaries by salary benchmarking website Emolument.com discovered that pay packets for those in banking were lower on a nominal basis in both Frankfurt and Paris than they were in London.

The data revealed that bankers moving to the French capital would almost certainly notice a lightness in their pockets, with London pay for vice presidents around 44 per cent higher than in Paris and around 78 per cent higher for those at managing director level.

This article was published in City A.M., 22nd June 2016