European authorities are seeking to cap bankers’ pay, in the belief that it will curb excessive risk-taking. Photo: AP

More British bankers earn 1m euros than in rest of EU: study

More bankers in Britain earned 1 million euros (HK$10.1 million) in 2011 than in the rest of the European Union combined and would easily breach a planned cap on bonuses, according to data from the bloc’s banking regulator showed.