The ceaseless upward march in bank chief executive pay slowed a bit in 2012.
CEO compensation increased by a median 11% in 2012, according to disclosures made during this year’s annual meeting season. That’s down from 16% in 2011 among the 149 companies covered here, but scant sign of restraint when viewed in light of anemic revenues, cost-cutting imperatives, and stock prices that are languishing at close to tangible book value. (See the charts at right. For more data, go to AmericanBanker.com/executive-compensation.)