Corporate Banking Total Comp Thread 2023
Ok adding to this trend of CB posts on here lately. Think it would be helpful for people looking to switch and for current CB's to see up to date comp Numbers.
Base:
Bonus:
Position:
YOE:
Type of Firm (CIB, BB non CIB, etc.):
An1
CIB
110 base
35k bonus
NYC
Bump
As2
CIB
160k base
100k bonus
CHI
Hours? Size of bank?
Ahhh yes corporate banking… the wonderful division that keeps annuity revenue coming in during tough times for CIBs.
Edit: enough monkey s*** this was not a dig I was saying that CB is the only thing that is constantly profitable which many IB people overlook.
Analyst 1
Base $110k
Bonus $70k
NYC
Holy 70k bonus for a first year in CB? Congrats man! Are you working at a bank that does CB/IB under the same umbrella? I’m starting in CB at a BB soon but have no idea what my bonus is gonna be haha
Yea IB and CB under the same umbrella.
An1
100k
40k
MM Bank IB sits in CB
NYC
How competitive is corp banking out of undergrad?
Very competitive but slightly less than IB, the more competitive is if CB is under CIB umbrella.
AN0 (first 6 months)
£50K (goes to £60K at AN1)
£12K (unsure on AN1 bonus)
London
CIB
Any idea if this is market for CB london?
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