Paychecks Got Bigger for Most U.S. Bank CEOs During Pandemic
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The heads of most large U.S. banks saw their pay increase during the pandemic.
Among banks with more than $1 billion in assets, two-thirds of chief executive officers had an increase in compensation this year, according to a study by analysts at broker-dealer Janney Montgomery Scott LLC. The average bump was 26% for those who got a raise, the data showed.