Compensation Watch: Bank CEOs Did Okay Last Year

Brian Moynihan brought up the rear, but it was with $16 million, so he'll be okay.

Author:: Bess Levin
Publish date:: Mar 17, 2016

Jamie Dimon in particular fared not so poorly, which is why he's able to decide on particularly slow mornings at the office to buy $26.6 million worth of JP Morgan stock, just for the f*ck of it.

JPMorgan Chase & Co. gave Jamie Dimon a 35 percent pay raise to $27 million for 2015, eclipsing Goldman Sachs Group Inc.’s Lloyd Blankfein as the highest paid CEO at the six biggest U.S. banks. Wells Fargo & Co. gave John Stumpf $19.3 million for a fourth straight year. Bank of America Corp.’s Brian Moynihan was the lowest paid at $16 million.

Here's What Big Bank CEOs Have Made Since the Financial Crisis [Bloomberg]

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No cash bonus to speak of, but the li'l fella did get a bump year on year.

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Give it up for Brian!

After a year of layoffs, topless hecklers, people who won't stop yelling at him, jokes that sting, and continuing to "reap the benefits of what Countrywide sowed," things are looking up for Brian Moynihan. Bank of America Corp., the second- biggest U.S. lender, more than quadrupled Chief Executive Officer Brian T. Moynihan’s 2011 compensation to $8.09 million. Salary was unchanged at $950,000 while his stock awards surged to $6.1 million from zero the previous year, the Charlotte, North Carolina-based lender said today in a regulatory filing. The figures conform to U.S. Securities and Exchange Commission guidelines. [Bloomberg]

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