Sergio Ermotti, recently highlighted for his substantial earnings of over 14 million for just nine months of work in 2023, questions why high salaries in banking attract criticism while those in sports do not. Unlike top athletes who must consistently perform to earn their wealth, Ermotti's compensation stems from managing a bank rather than individual achievements. As he prepares for the challenging integration of Credit Suisse, his role contrasts sharply with entrepreneurs and athletes who risk personal investment and face direct accountability for their success or failure.
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