Which Banks pay directors the most in London?
It may be Black Friday in the U.S., but here in London, the last Friday of the month is more commonly known as pay day. Which may explain the surfeit of reports on pay in the financial sector.A firm called Emolument.com, which encourages bankers to voluntarily submit their remuneration packages, has published a report claiming that ? in London ?Citigroup C +0.80%?s investment bank pays its directors the most, with an average of £370,000 ($603,100).
This article was published in The Wall Street Journal, 29th November 2013