US bank CEO pay dwarfs rest of world


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Published in The Star Online September 26, 2009 

You wouldn’t know it by his pay stubs, but Jiang Jianqing heads the world’s largest bank.  Jiang, chairman of Industrial and Commercial Bank of China, made just US$234,700 in 2008. That’s less than 2% of the US$19.6mil awarded to Jamie Dimon, chief executive of the world’s fourth largest bank, JPMorgan Chase & Co.

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