How are bonuses looking this year? Sounds like Deutsche got hammered and Morgan Stanley was down 15%.
Mod Note: You can find the S&T and ER bonus pages below.
S&T Bonuses
ER Bonuses
Overview of Bonuses for Investment Bankers
While salaries and bonuses can change every year on Wall Street, you can stay up to date with the a href="https://www.wallstreetoasis.com/investment-banking-industry-reports">Wall Street Oasis Industry Report. You can see a snip of the details provided in the report below.
User @MiddleMarketLivesMatter", a sales and trading vice president, also shared the following insight.
"MiddleMarketLivesMatter - Sales and Trading Vice President"Middle Market Shop bonuses are looking exceptional. It's where the real money is in this new economy. Left a BB three years ago and have seen bigger bonuses every year.
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Heard DB is going under. The Fortress will receive 100% market share in coming days.
Middle Market Shop bonuses are looking exceptional. It's where the real money is in this new economy. Left a BB three years ago and have seen bigger bonuses every year.
Expected, no?
Look on the bright side. Less taxes.
Citi N2 - 85/65/50.
N2?
Someone needs to summarize this like last year. By now everyone should have gotten comp except for CS and DB
DB juniors are being very shielded, compared to the rest of the firm, from what I am hearing as as a headhunter. Comparative to most of the firm, they're crushing it. Fairly in line with street, obviously a bit below but to me this is most indicative that the firm intends to move back up the comp chain, and they've been giving the largest base salary increases across the board for analysts and associates. From what I remember, for most of this century DB has the spot to be for comp - this seems like their strategy is to get back to that status, bodes well for everyone in the shop if they can make it happen.
DB IB (very clear they're taking care of the groups they're focusing on building long-term, the others not so much, base salary % increases much lower than markets across the board - which is interesting).
Analyst 1 - 20k stub Analyst 2 - 40k - 75k Analyst 3 - 45k - 85k Associate 1 - 60k -100k Associate 2 - 75k - 140k
DB Markets (big differences between fixed income and equities, they're coming in above street in a lot of what I'm seeing for fixed income, seeing very wide ranges - highly product dependent. Also, a lot of those with low bonus numbers are reporting 15-20% + base increases, balancing it out).
Analyst 1 - 20 - 25k stub (non-equities seems to be getting an extra 5) Analyst 2 - 20 - 60k Analyst 3 - 27k - 90k Associate 1 - 30k - 110k Associate 2 - 55k - 150k
Interesting seeing how much people tend to value additional base versus bonus, although from other experience that value-edge tends to taper off at around 200k base.
Keep in mind my ranges are controlled for outliers (not putting my guys at risk), and are based on only what I'm seeing.