Best Remunerating Banks

The top six best remunerating banks, calculated by average remuneration per employee, are all foreign owned. Top is Canadian-owned CIBC World Markets Plc paying an average £552,000 per employee. This is followed by Swiss-owned Credit Suisse International, German-owned D B UK Bank Ltd, then Japanese-owned Nomura Bank International Plc and Mizuho International Plc. Dutch-owned N M Rothschild & Sons Ltd comes in a lowly sixth, but it does come first in the Highest Paid Director league table, paying out £7.8 million to one luck employee!

Pre-Tax Profit per Employee Table

The Pre-Tax Profit per Employee League Table is able to show, for those banks that disclose the number of employees that it has, which bank's employees make the most - and least - for their employer.

The top ten banks, with the amount of pre-tax profit generated per employee, are:

1. D B UK Bank Ltd £7,312,800.00 31.12.07
2. T D Bank Europe Ltd £2,182,000.00 31.10.07
3. CIBC World Markets Plc £2,127,205.13 (£ equivalent of CAN $ 4,148,050.00) 31.10.07
4. Goldman Sachs International Bank £1,345,333.33 24.11.06
5. Scotiabank Europe Plc £1,342,202.70 31.10.07
6. Nomura Bank Intl Plc £1,340,500.00 31.3.07
7. Tesco Personal Finance Ltd £1,087,819.88 31.12.06
8. Morgan Stanley Bank International Ltd £935,242.86
9. Northern Trust Global Services Ltd £830,588.91 (£ equivalent of Euro 1,320,636.36) 31.12.07
10. Abbey National Treasury Services Plc £784,444.44 31.12.06