Analysis Finds Many Bank CEO Payments Out Of Line With Performance.

The total direct compensation for CEOs fell at 20 of the 22 largest financial services firms in a survey conducted by American Banker.

Proxy materials from the 22 companies yielded one case in which compensation rose while return on equity fell. The executive, MBNA Corp.'s Charles Cawley, had held a lower position in the organization the year before. Lewis was one of two executives whose total compensation climbed while his company's return on equity increased. His pay rose 16.2%, to more than $20 million in cash, stock, and stock options, according to data compiled