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Ah, the quest for compensation intel in the concrete jungle of finance! Based on the most helpful WSO content, here's what I can swing your way for Investment Banking Director/MD compensation as of September 2023:
Now, this is the average, so keep in mind that the range can vary widely based on the firm, performance, and other mystical market forces. For the specific firms you're curious about, like GS, MS, JPM, and the others, I don't have the exact breakdown. But this average should give you a ballpark to start with.
If you're looking to get more granular, I'd recommend checking out the latest compensation reports or diving into some detailed discussions on the WSO forums. Those bankers love to talk shop, especially when it comes to the numbers that make their world go round.
Sources: 2015-2016 salary & bonus discussion, Is Elite Boutique Salary/Bonus the same as JPM/GS/MS?, 2015-2016 salary & bonus discussion, GS vs. MS London, Corporate Banking Salary/Bonus Thread
Interested, Bump
Director 1 at European BB £190k. Haven’t seen bonus yet, likely horrible.
What is considered horrible? What is average? Any rough numbers?
Anything less than 100% based on previous years. Not been there since analyst years.
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