More than 75 percent of Europe's banking millionaires are based in the UK, according to a report by the EU's bank watchdog.
More than 2,700 UK-based bankers were paid more than €1 million in 2012, compared to a further 794 across the rest of the EU. Germany was a distant second with 212, followed by France with 177. Ten EU countries had no banking millionaires.
The data, contained in the London-based European Banking Authority annual 'High Earners' report, reveal the extent of the...
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Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.