The European Banking Authority (EBA) shared its latest count on Thursday, covering the year 2021, of bankers who have earned more than one million euros. They were 1,957 in total in the European Union against 1,383 in 2020. A record. This increase is “linked to the good overall performance of the companies, in particular in the field of investment banking”, analyzes the EBA.
There were 37 millionaire bankers in Luxembourg in 2021, according to EBA documents, seen by The essential. Thirty-four were in the €1-2 million range, one in the €2-3 million range, and two earned between €4-5 million. These millionaire bankers posted an average annual remuneration close to 1.5 million euros, the variable part representing a little more than half of these emoluments.