Blankfein's rising pay contrasts sharply to that of JPMorgan ( JPM) chief executive Jamie Dimon, who saw his bonus halved to $11.5 million in 2012, after the bank was tangled in a trading fiasco known as the 'London Whale' that has so far led to over $6 billion in losses.

While Blankfein's pay figures are likely to raise some eyebrows, they still pale in comparison to pre-crisis awards even as the bank's earnings per share recover to peak levels. In 2007, Blankfein took home a $27 million cash bonus as part of an overall compensation package worth $68.5 million in cash and stock.

-- Written by Antoine Gara in New York

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