Wall Street is witnessing a major boom in executive pay at major banks, with bonuses for top executives in 2025 exceeding record levels not seen since 2006, that is, before the global financial crisis.
Financial reports indicate that the heads of the largest US banks received more than $40 million in annual compensation in 2025, with notable increases in bonuses and variable salary elements tied to the banks’ performance.
The salary of David Solomon, CEO of Goldman Sachs, jumped to about $47 million, making him the highest paid among his peers.
Jamie Dimon from JPMorgan Chase also received $43 million.
Brian Moynihan of Bank of America received about $41 million.
Jane Fraser’s bonus from Citigroup increased to $42 million after a 22% increase in her salary. (Emirates 24)
