According to the report, the return is £1.5bn greater that the total bonus bank pool before the supertax was imposed and is almost three times the £550m figures touted by Chancellor Alistair Darling in December, when he announced the payroll surcharge on all bonuses over £25,000.
The survey included the five largest UK banks as well as 11 global banks with a large London presence. Those that have publicly disclosed their expenses include Barclays (£225m), HSBC (£235m), Royal Bank of Scotland (£208m) and Deutsche Bank (£204m).
JP Morgan Chase, Morgan Stanley, Bank of America, Credit Suisse and UBS all declined to provide figures, according to the Financial Times.
The Chancellor is expected to announce plans for the extra funds in his Budget report later this month, with youth unemployment and “industries of the future” two areas Labour is believed to be targeting.