Bank Leaders Get Raises Despite Financial Crisis

Jun 25, 2012
Originally published on June 25, 2012 8:37 am
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Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with good times for bank chiefs.

While the financial world keeps grappling with losses, the industry's leaders have raked in annual pay raises averaging nearly 12 percent. The Financial Times found JPMorgan Chase's CEO Jamie Dimon was among the top earners, with a pay package of more than $23 million last year, an 11 percent increase over the previous year. Transcript provided by NPR, Copyright NPR.