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also curious
Bump
bump
whilst we wait, I can share that one of the top BBs (JP / GS / MS) pays the same base as IB but lower bonus, at least at the Analyst level.
source is a friend of a friend - not confirmed
Got any rough figures on the bonus %?
DB: base 52k, signing bonus 6k, ~10% bonus
is that GBP?
That's a joke compared to the U.S. wtf is wrong with them
Not the same cost of living, purchasing power is roughly the same as with US salaries
Brexit devaluing the pound in 2016 =/= £50k in London having drastically different buying power vs $85k in NYC.
banks set salaries at rough parity when they increased base across the board. what you think is “low” now is due to fx not tangible values.
aka a shit take
Thanks. Does DB house CB under the Investment Banking arm?- if so that is significantly lower than I was expecting (only 10% bonus?, most US Corp Banking threads say around 30%!)
CB used to be under IB until the last restructuring when the divisions were separated.
Compared to IB, the base in CB is higher, signing bonus is the same, end of year bonus is much lower.
It’s very competitive comp for London when you consider that CB at places like RBS and Lloyd’s pay a lot less.
Whats the WLB like?
bump
bump!
bump
Bump - interested in any bonus figures. For ref, I know some mid-BBs have raised bases for first years in line with IB to £60k
First Year Analyst, Corporate banking London Base £50,000 bonus 10%
thanks man, are you at a BB?
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