Corporate Banking Comp London

Trying to find info about comp for corporate banking in London can’t seem to find much here. How’s the base & bonus working at a BB/European BS bank as an AN1 and what does progression look like? Thanks in advance.

4 Comments
 

Based on the most helpful WSO content, here is some information regarding compensation and progression in London for investment banking, which might give you an idea about corporate banking as well:

Compensation for Analysts in London:

  • Base Salary for Analyst 1 (AN1):

    • European BB: £50K
    • Elite Boutique (EB): £52K
  • Bonus for Analyst 1 (AN1):

    • European BB: £15K
    • Elite Boutique (EB): £25K

Progression in Investment Banking:

  • Typical Titles and Progression:
    • Analyst 1-3
    • Associate 1-3
    • Vice President (VP) 1-3
    • Executive Director (ED) 1-3
    • Managing Director (MD)

Additional Notes:

  • Bonuses in Europe:
    • It is rare for bonuses to exceed 100% of the base salary for analysts and associates in European BBs.
    • The total compensation (base + bonus) in Europe is often aligned with the US in USD terms, but due to currency fluctuations, the actual amounts can vary.

For more detailed and specific information, you might want to check out the following threads on Wall Street Oasis: - https://www.wallstreetoasis.com/forum/investment-banking/2018-2019-bonu…</a">2018/2019 Bonus Discussion - https://www.wallstreetoasis.com/forum/investment-banking/no-bullshit-lo…</a">No bullshit - London bonuses

I'm sorry, but it looks like this may be out of my ability to answer... maybe some of the links above might help?

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