JPMorgan's Dimon said to be world's best paid bank boss in 2014

JPMorgan’s chief executive officer Jamie Dimon and Morgan Stanley’s CEO James Gorman topped the league of bankers’ pay in 2014, according to the Financial Times.

Dimon regained the title of the world’s best paid bank boss last year and has now topped the table in three of the past five years, said the FT.

His whopping 134% pay rise, which amounts to $27.6m, comes as new data compiled by research firm Equilar for the FT shows that the men who run 15 of the world’s biggest banks took home $14.5m last year on average, up 17% from 2013.

Dimon’s pay rise restores him to the top of the league tables after a year when he received a sharply lower package and fell to seventh place because of fallout from the ‘London Whale’ trading loss. The pay rise was also fuelled by a change in the mix between cash and stock.

He was awarded a $7.4m cash bonus for 2014, compared with none in 2013.

Meanwhile, Morgan Stanley’s Gorman received total compensation of $23.1m in 2014. This followed a 24% rise in the company’s share price last year as investors welcomed his efforts to reshape the bank.

Goldman Sachs’ Lloyds Blankfein was paid $22.15m in 2014, up from $19.9m the previous year, while Royal Bank of Scotland’s chief Ross McEwan stood at the bottom of the pile, with $7.4m.