![\"15_highest_paid_ceos_among_top_30_european_banks.gif\"](\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/11\/15_highest_paid_ceos_among_top_30_european_banks.gif\")
U.K. and Swiss banks appear at the top end of the ranking of highest remuneration, with UBS AG’s Sergio Ermotti, Lloyds Banking Group Plc’s Ant\u00f3nio Horta-Os\u00f3rio and HSBC Holdings Plc’s Stuart Gulliver each receiving compensation packages above \u20ac8 million in 2013. Credit Suisse Group AG’s Brady Dougan is close behind, with a total pay package that year just shy of the \u20ac8 million mark.<\/p>\n
Strikingly, while Credit Suisse, UBS and HSBC earned returns on average equity in the high single figures, Lloyds recorded a loss on average equity of 1.89%.<\/p>\n
But comfortably ahead in the number one spot is Deutsche Bank AG’s Anshu Jain, who received a pay package amounting to \u20ac10.0 million in 2013, including a \u20ac6.1 million long-term incentive plan, despite the bank only recording an ROAE of 1.21%. His co-CEO, J\u00fcrgen Fitschen, received \u20ac7.3 million of total pay.<\/p>\n
Two state-supported banks appear on SNL’s list: Lloyds and Royal Bank of Scotland Group Plc. At RBS, CEO Stephen Hester, who took over from the ill-fated Fred Goodwin, earned an annualized compensation package of \u20ac6.0 million in 2013. He was replaced in October of that year by Ross McEwan. Over the course of the year, the bank recorded a loss on ordinary average equity of 12.38%, although many analysts speaking to SNL Financial have said that Hester performed well given his task of turning the bank around after its government bailout.<\/p>\n
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