• lol, a Brexit dividend

    The number of bankers and investment professionals in the EU earning more than €1mn hit a record in 2021 as investment banking boomed and Brexit pushed more staff to the continent. The ranks of top earners swelled more than 40 per cent to 1,957 in 2021, according to figures released on Thursday by the European Banking Authority. It is the highest level since the EBA began data collection in 2010. The surge highlights a consequence of Brexit, where senior bankers have had to relocate from London to EU financial hubs.

    https://www.ft.com/content/925a7847-767f-4ece-8a70-1dc79998f0a0

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