Chief executives in some of Europe's biggest banks saw huge gains in their pay packets in 2013, with a number of bosses seeing hikes in excess of 10 percent from the previous year, data compiled exclusively for CNBC reveals.
Of the European banks surveyed by data analysis firm Equilar, chief executives of French bank Credit Agricole and Swiss lender Credit Suisse saw the biggest spikes in their take home pay, as each saw gains of 43 percent and 28 percent respectively from 2012.
Credit Agricole CEO Jean-Paul Chifflet's pay rise to $2.8 million coincided with the bank swinging back into full-year profit for this first time in two years. However, his total compensation pales in comparison to that of Stuart Gulliver, CEO of London listed bank HSBC.
Gulliver took home more money in 2013 than any other chief reviewed by Equilar for CNBC, at $12.7 million, which includes base salary, a cash bonus, stock awards as well as other payments.