Bank CEOs hit the jackpot last year, but for good reason if you are a bank shareholder – which many of us are.
Bank share prices were up well over 20 per cent on average in 2016.
The median income for the big five’s CEOs was $10.11-million in direct compensation awarded, up almost ten per cent from a year earlier.
However, overriding all financial stories this morning was the snap election called by British Prime Minister Theresa May.
The move will have a significant impact on markets worldwide, and in Europe particularly, as there is one thing investors don’t like, and that’s surprises.
Pair that with the upcoming elections in France and Italy, and Europe, along with equity and currency markets – particularly the Great Britain Pound and the Euro – hangs under one big question mark.