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Europe's top bankers earn record salaries amid rising profits and scrutiny

In 2024, Europe's top bankers are earning record salaries, led by Sergio Ermotti of UBS at 15.4 million euros, followed by Andrea Orcel of Unicredit at 13.2 million euros. Other notable figures include Christian Sewing of Deutsche Bank at 9.8 million euros and Hector Grisi of Santander at 8.3 million euros. These high earnings are driven by substantial bank profits, despite rising interest rates, while discussions in Switzerland about limiting executive pay could impact future compensation dynamics.
Economy Magazine
Euro United States Dollar Intesa Sanpaolo BNP Paribas SA Banco Santander, S.A. UniCredit S.p.A. Credit Agricole BBVALIQ P Credit Suisse Strategic Income I Ing. A. Dielissen Bouwkundig werk Deutsche Bank Money Market PP Onur Genc Jean-Laurent Bonnafé Slawomir Krupa Philippe Brassac Carlo Messina Andrea Orcel Christian Sewing Hector Grisi Sergio Ermotti Steven van Rijswijk Show more
Business & Industry, Market Report
13:09 02.04.2025

european bank ceos see record salaries amid rising profits in 2024

In 2024, Sergio Ermotti, CEO of UBS, topped the list of Europe's highest-paid bankers with a salary of 15.6 million euros, followed by Andrea Orcel of Unicredit at 13.2 million euros, marking a 32% increase. The average salary for CEOs of the top 10 European banks was 7 million euros, driven by exceptional profits from rising interest rates. Despite the substantial compensation, criticism arose regarding the high pay of bank executives, prompting Unicredit to defend Orcel's salary increase as essential for long-term commitment in a competitive market.
Calcio e Finanza
Euro United States Dollar CREDIT AGRICOLE Intesa Sanpaolo BNP Paribas SA Banco Santander, S.A. UBS Group AG UniCredit S.p.A. BBVALIQ P Inogen, Inc. Deutsche Bank Money Market PP FRA ESP NLD ITA TUR DEU CHE Jean-Laurent Bonnafé Slawomir Krupa Philippe Brassac Carlo Messina Andrea Orcel Christian Sewing Hector Grisi Sergio Ermotti Steven van Rijswijk Show more
Business & Industry, Market Report
18:41 01.04.2025

CERN publishes feasibility study for new super accelerator project

Sergio Ermotti, Chairman of UBS, topped the list of highest-paid bankers in Europe for 2024, earning 14.9 million francs. Following him is Unicredit's Andrea Orcel with 13.2 million euros, and Deutsche Bank's Christian Sewing at 9.8 million. Many banks benefited from rising interest rates, leading to increased profits and remuneration.
TVS tvsvizzera.it
Swiss Franc Intesa Sanpaolo BNP Paribas SA Banco Santander, S.A. UniCredit S.p.A. Credit Agricole BBVALIQ P Inogen, Inc. Deutsche Bank Money Market PP CHE Onur Genc Jean-Laurent Bonnafé Slawomir Krupa Philippe Brassac Carlo Messina Andrea Orcel Christian Sewing Hector Grisi Sergio Ermotti Steven van Rijswijk Show more
Finance & Economy, News Article
16:28 01.04.2025

Sergio Ermotti tops Europe's banker earnings with 15.6 million euros in 2024

In 2024, UBS CEO Sergio Ermotti topped the list of Europe's highest-paid bankers with earnings of €15.6 million, followed by UniCredit's Andrea Orcel at €13.2 million, marking a 32% increase. Deutsche Bank's Christian Sewing rounded out the top three with €9.8 million. The surge in salaries is attributed to significant bank profits and rising stock prices.
QuiFinanza
Swiss Franc Euro CREDIT AGRICOLE Intesa Sanpaolo BNP Paribas SA Banco Santander, S.A. UniCredit S.p.A. BBVALIQ P Inogen, Inc. Deutsche Bank Money Market PP FRA ESP NLD ITA TUR DEU CHE Onur Genc Jean-Laurent Bonnafé Slawomir Krupa Philippe Brassac Carlo Messina Andrea Orcel Christian Sewing Hector Grisi Sergio Ermotti Steven van Rijswijk Show more
Business & Industry, Market Report
13:17 01.04.2025

sergio ermotti tops european bank ceo earnings in 2024

Sergio Ermotti, CEO of UBS, topped the list of highest-paid CEOs among European banks in 2024, earning 14.9 million Swiss francs. UniCredit's Andrea Orcel received the largest raise, bringing his total to 13.2 million euros, while Deutsche Bank's Christian Sewing followed with 9.8 million euros. Other notable figures include Santander's Hector Grisi at 8.3 million euros and BBVA's Onur Genc at 7.3 million euros, with the lowest compensation reported at 2.6 million euros for Credit Agricole's Philippe Brassac.
Quotidiano Nazionale
Swiss Franc Euro CREDIT AGRICOLE Intesa Sanpaolo BNP Paribas SA Banco Santander, S.A. UniCredit S.p.A. BBVALIQ P Ing. A. Dielissen Bouwkundig werk Deutsche Bank Money Market PP POL ESP NLD ITA TUR CHE FRA DEU Onur Genc Jean-Laurent Bonnafé Slawomir Krupa Philippe Brassac Carlo Messina Andrea Orcel Christian Sewing Hector Grisi Sergio Ermotti Steven van Rijswijk Show more
Business & Industry, Market Report
11:53 01.04.2025

highest paid european bank ceo in 2024 is ubs sergio ermotti

Sergio Ermotti, CEO of UBS, topped the list of highest-paid CEOs among Europe's largest banks in 2024, earning 14.9 million Swiss francs. UniCredit's Andrea Orcel followed with a significant raise to 13.2 million euros, while Deutsche Bank's Christian Sewing earned 9.8 million euros. Many banks benefited from rising interest rates, leading to increased profits and higher compensation for executives.
Quotidiano Nazionale
Swiss Franc Euro CREDIT AGRICOLE Intesa Sanpaolo BNP Paribas SA Banco Santander, S.A. UniCredit S.p.A. BBVALIQ P Ing. A. Dielissen Bouwkundig werk Deutsche Bank Money Market PP FRA ESP NLD ITA TUR DEU CHE Onur Genc Jean-Laurent Bonnafé Slawomir Krupa Philippe Brassac Carlo Messina Andrea Orcel Christian Sewing Hector Grisi Sergio Ermotti Steven van Rijswijk Show more
Business & Industry, Market Report
11:53 01.04.2025
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