trending Market Intelligence /marketintelligence/en/news-insights/trending/Ofr1bYKIETmNZ61lZL3BqA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Blackstone chief stays at top of US financial services pay rankings in 2018

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Blackstone chief stays at top of US financial services pay rankings in 2018

Stephen Schwarzman, Blackstone Group Inc.'s chairman, CEO and co-founder, remained atop the list of highest-paid CEOs among asset managers and other financial services firms in 2018, despite a 44.9% year-over-year decrease in total adjusted compensation.

Schwarzman took home $69.1 million, comprised entirely of cash compensation.

Henry Kravis and George Roberts, co-CEOs of KKR & Co., received the second-highest pay among CEOs at $56.5 million apiece.

GAMCO Investors Inc. Chairman and CEO Mario Gabelli, who had been one of the highest-paid CEOs, fell off the list after electing to waive compensation from March 1, 2018, to Dec. 31, 2018, to help GAMCO pay down debt. For the first two months of 2018, Gabelli earned $10.7 million.

SNL Image

Among specialty finance companies, World Acceptance Corp.'s president and CEO, Ravin Prashad, took over the top spot from Capital One Financial Corp.'s chairman, CEO and president, Richard Fairbank. Prashad, who was appointed to the positions in June 2018, reeled in $18.8 million in 2018, with $16.7 million via stock awards. Richard Fairbank made $17.3 million, a 7.2% year-over-year increase from 2017.

SNL Image

In the investment banking, broker and capital markets industry, BGC Partners Inc.'s Howard Lutnick raked in the most money with total adjusted compensation of $29.7 million in 2018, up 89.3% year over year. Lutnick made $1.9 million in cash, $11.9 million in stock awards and $15.9 million through non-equity incentive plan compensation. James Gorman, chairman and CEO of Morgan Stanley, was not far behind at $28.2 million in total compensation, a 15.0% increase year over year.

SNL Image