The highest-paid banking and finance chief executive in the S&P 500 is no surprise. It is James Dimon, head of JPMorgan Chase & Co., the biggest U.S. bank by assets and market capitalization.

Mr. Dimon, who has run the bank since late 2005 and steered it through the financial crisis, made $28.3 million in 2017, up 4% from $27.2 million a year earlier.

The median pay for the 43 banking and financial CEOs in the Journal’s analysis was $12.1 million, matching median pay for the S&P 500 as a whole, according to a Wall Street Journal analysis of pay data from MyLogIQ LLC. The analysis omits CEOs who changed jobs during the year.

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