21 workers in financial services earned €1m-plus

A total of 21 people working in the financial services sector, earned over €1m in 2011, according to the latest figures from the European Banking Authority.

The backdated figures, published yesterday, detail the number of so-called high-earning bankers within EU member states during 2010 and 2011. The figure for Ireland didn’t change year-on-year, but the composition of earners did, slightly.

In 2011, 14 of the 21 high-earners worked in the area of investment banking — one fewer than the previous year — with three in asset management and four in “other business areas”.