Credit Suisse Bonuses (Disappointment?)
Heard CS bonuses went out this morning. Heard some people were disappointed so I’m interested in starting a thread.
Company:
Division:
Position:
Bonus:
Comments:
Heard CS bonuses went out this morning. Heard some people were disappointed so I’m interested in starting a thread.
Company:
Division:
Position:
Bonus:
Comments:
+3,809 | Bank of America - Juniors Strike to start Monday May 6th | 413 | 31m | |
+813 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 79 | 12h | |
+541 | This is a dark day for Wall Street. | 46 | 1h | |
+363 | BofA Associate Death - WSJ, FT, CNBC, Bloomberg | 38 | 15h | |
+187 | How to strike without being fired. | 21 | 7h | |
+182 | Analyst at Bofa FIG-Thoughts | 28 | 13h | |
+169 | Big Layoff at Barclays - 5/1/24 | 88 | 21h | |
+157 | Hey WSJ, BBG, CNBC, FT, it's been more than 72 hours that this BofA IBD Associate was reported dead | 23 | 1h | |
+143 | BofA List | 37 | 1s | |
+127 | Shame on you, BofA. But also, the industry needs to change. | 17 | 10h |
Career Resources
Delete
Bump
Bump
Bump
Bump
following
Did they give Swiss chocolate instead of cash this year?
nah... only NTF, like Ubisoft did.
bump
Top bucket was 200 to 260 K
Position? Group?
So, about 100%. Not bad
Anecdotal 40K stub 80K a1
Group/location?
This isn’t correct.
then what is?
This is true it was literally on liquidity
Associate 1 or analyst 1? A1 could be either…
What were analyst bonuses like this summer?
Orange.
ya the money
"I am interested to join Investment Banking as I am intrigued by processes as well as depth of analysis that companies go through before undertaking an M&A activity..."
Ya no, the money, that's all.
Range last summer for second year analysts was 70-110. Not sure all groups tho, this was just a product group
Is CS raising analyst salaries
not sure, dont work there anymore
Nope, as of now no plans to raise Analyst base salaries to market. CS clearly has no money, incredibly disappointing bonuses the other day for ASOs and up after a great performance year from IB, even though there should’ve been more money to give around given the mass exodus of MDs the past year. Directors and MDs are pissed bc they got very low numbers and have that 3 year clawback being thrown at them. Wouldn’t be surprised to see another mass exodus coming in the next few weeks.
Can confirm CS raised base for analysts and summer analysts. Given new contracts to show the increase as well.
Didn’t all the CS folks get a random $20k COVID bonus. Isn’t that probably being factored in?
No, was not factored into the comp sheet provided (but sure add that to your TC figure).
ASO1s ~$110 - 120k cash for good performers. They’re pissed
ASO2s ~$220 - 245k for top performers at that level, all cash
So it's really ASO1 that got screwed here?
Do you have associate 3 or VP1?
Whats the cash / stock % split at the Associate level?
This what happen when you lever the shit out of a wonky tech hedge fund and then are too dumb to realize that you are the bag holder after all the other prime brokers got out before you. Multi billion dollar losses will do that lmao
Sed cupiditate consectetur optio neque itaque fugit. Itaque doloremque amet beatae asperiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Aspernatur perspiciatis velit officia suscipit perferendis et. Qui commodi officia debitis porro quisquam.
Corporis animi voluptatibus et quam dolor totam. Numquam eius ratione rerum suscipit id a voluptatibus fuga. Asperiores sed vitae veritatis occaecati repudiandae.