Corporate Banking Base Pay Bumps?

Did corporate banking get a raise in pay as well at places where CB is under IB? Like at Citi, JPMorgan, BMO, Deutsche, Barclays, etc. Historically, the bases have been the same, with the bonuses being different compared to IB. Wondering if that is still the case.

34 Comments
 

I can confirm Citi CB has been bumped to match IB. Certain groups, that work IB like hours basically match IB pay. For example, $220 all-in for A2.

What a fucking joke. BMO natural resource corp bankers work 70-80/week and more on live deals and an AN2 makes $115 all-in. How to I lateral fml

A2 means associate and was poorly worded by OP.

Citi IB analyst 1 is like $130-140 comp most years

 

Generally higher than BMO. Ive heard from others that bofa has 95k base for first year analyst, and if the bonuses are similar to bmo (which they most likely are, or even higher), the total comp should reach 130-140.

 

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