The chief executive officers of the largest four banks benefited from a strong year last year, with all but one bank CEO benefitting from a pay hike in 2015, an article in Reuters by Ueslei Marcelino said.
Here are each CEOs pay ranked from smallest to largest, according to the article:
4. Bank of America’s CEO Brian Moynihan's made the lowest amount, with his total compensation rising to $16 million for 2015, up from $13 million for 2014.
3. Next, Citigroup CEO Michael Corbat received a sizeable pay raise in 2015, increasing by about 27% in 2015, earning about $16.5 million last year, compared with $13 million in 2014, the article stated.
2. While ranked second, Wells Fargo Chairman and CEO John Stumpf’s pay was unchanged from last year at $19.3 million in 2015.
1. Coming in first, JPMorgan Chase CEO Jamie Dimon, chief executive of the largest U.S. bank by assets, had his 2015 pay surge 35% to $27 million.