Like many carbon-based lifeforms, you perhaps think that bankers are driven only by naked greed. But that is just because you don’t understand them: They actually have a deep psychological need for that money.

In a new article at the U.K. site eFinancialCareers, several bankers explain that they have legitimate reasons for needing more than one million British pounds (about $1.6 million) per year in pay — more money than most non-banking types could ever figure out how to spend. In a nutshell, it’s all about psychology. Abraham Maslow clearly should have added “crap-tons of money” when building his hierarchy of needs. MOREHERE