Got an offer for HSBC in an IB roll. Currently a first year, but at a small firm. Should I accept or continue recruiting? I know they didn’t give bonuses last year, but there’s no way they repeat this, right? Exit oops? How are they compared to the BB?
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Accept and exit to an MM or BB after a year. Your bonus will be low and base prob won’t be bumped, but IB is IB and it’ll allow you to get interviews at better places.
The offer I got is in line with the analyst increase, 105 for 2nd year. But for bonus, what should I expect? 40%, or something like 70%? Will it look badly that I went from one place to another and then recruiting again a year later?
Ah, didn’t realize HSBC has raised base - surprising but good for them.
Should I be expecting an increase? I’m an incoming first year at HSBC that just got an offer at 85
You’re a first year. I think you can do better. Keep looking and work on interviewing skills and your story. You can pretty much go anywhere
You can do better than HSBC, especially in this market. Places like Baird accept even ex-assurance people as lateral analysts.
I start training in a little less than a month, when would you recommend trying to lateral?
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