A review of how banks are governed should be "more radical", Treasury minister Lord Myners has told the BBC.
He told business editor Robert Peston the names and salaries of top earners below board level should be disclosed.
Banks should give more voting rights to loyal shareholders who stay on as engaged owners rather than sell up, Lord Myners also suggested.
The government-commissioned review is being carried out by former regulator Sir David Walker.
Lord Myners told the BBC that the Royal Bank of Scotland's (RBS) former chief executive Sir Fred Goodwin informed him last year that almost 200 of his bank's employees earned more than he did.
Sir Fred originally left his post with a £16.6m pension pot, although he agreed in June to hand back £4.7m.
Lord Myners also discussed in the interview his involvement in the rescue of RBS and the high-profile pension row. LINK