There's a good reason CEOs on Wall Street don't want to break up the banks: It's also likely to crimp their pay.
"Bank executive compensation is closely and positively related to the size of the institution, but not generally related to profitability," Keefe, Bruyette & Woods analysts said in a note to clients.
Talk about a one-two punch for investors. As big bank profitability declines, CEOs remain reluctant to consider splitting the companies up into smaller pieces.
JPMorgan Chase CEO Jamie Dimon earned $27 million last year, the bank said in a regulatory filing, and the stock's performance (up 48 percent since 2009) might justify it over that time frame. Elsewhere, though, other big bank CEOs with paychecks greater than $20 million and less substantive performance might have something to sweat.