European Banking Authority says Britain is home to 73% of Europe’s millionaire bankers

More than 3,500 bankers in the UK are paid more than €1m (£850,000) a year, according to pay and bonus details published by the European Banking Authority.

The EBA’s latest report on high earners shows 3,567 UK-based bankers collected more than €1m in 2017. Their average pay, skewed by huge payouts at the top, was €2m, and together they took home nearly €10bn.

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Read More More than 3,500 UK bankers paid €1m a year, says EU report

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