London spearheads 11 percent jump in bankers earning 1 million euros

More than 3,500 bankers in Europe earned 1 million euros ($1.4 million) or more last year after a big jump across the continent and in Britain, which had 12 times as many high earners as any other country. The scale of bankers' bonuses remains a hot topic among politicians and the public. The latest data from the European Banking Authority (EBA) shows that 3,529 bankers in the EU earned at least 1 million euros in 2012, up 11 percent in 2011. Britain accounted for 2,714 of those top earners, up 11 percent on the year before, reflecting London's dominant position as Europe's financial center and home to major operations for banks from the United States, Switzerland and other countries outside the EU.

by via Yahoo! Finance: Top Stories