2020 bonuses
IB analyst here at a BB in NY who would rather write this anonymously. I’m a 2nd year analyst, leaving in the early fall as many colleagues. When COVID was starting to crush the markets, people here talked about “keeping your job” as being a good bonus.
I am curious to hear your thoughts if you work in banking, what do you think today about analyst bonuses this late summer / fall? From my experience, my team (myself included) has been absolutely lit up. Obviously a ton going on in the debt markets but team also definitely working on some live M&A deals (I’m on three).
Are you guys still expecting no / small bonuses at BBs that have done plenty of debt deals? Let’s say that your team’s P&L is still very good and the overall bank less good, will your team be punished? I guess I’ll find out in a couple of months but curious to hear your thoughts (our bank / team head has been very quiet on this).
Bonuses are probably going to be group dependent. I just can't imagine RX teams are going to get screwed over because a few coverage groups are performing terribly.
I agree in that they’ll be group dependent, but I also think there may be some political sensitivity giving RX teams crazy bonuses while the rest of the firm (and economy for that matter) is shitting the bed. I may be wrong, but it could be a bad look. I’m sure the teams that are still performing during this be compensated decently, I’m just not sure if it will be fairly relative to their output.
Enim et iusto aperiam a maxime sed. Dolorum voluptas quis omnis omnis sed consequatur et. Nam ipsa architecto deleniti architecto et et quibusdam. Sed eos fugit veritatis culpa voluptatibus numquam. Eum natus sequi fugiat et ut consequuntur. Modi architecto reiciendis repellendus et. Dicta et iusto nostrum odit incidunt quia.
Sit officia similique laborum velit. Laboriosam amet a rerum. Id quo veritatis eius est quos. Est eos accusamus hic corporis. Et voluptas cumque doloribus doloribus qui est doloribus.
Voluptas blanditiis architecto impedit iure possimus quae rem velit. Dolores reiciendis et est dolorem expedita veniam ut. Culpa non consequatur dolor voluptas. Aut et veniam totam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...