Investment Banking Salaries in LatAm?

Hi monkeys,

For all the IB monkeys working in LatAm, and I don´t mean covering LatAm but actually working in LatAm, how much is the compensation, the bonuses and working hours in the BBs, EBs and local players? Furthermore, which BBs pay NY salaries here in LatAm, I know that BAML and CS do, but what about the others and the local big players such as Itau BBA and BTG Pactual, are their compensations competitive compared to BAML and CS in LatAm? I didn´t find much information regarding this on WSO.

Thanks in advance to all the WSO community for sharing!

4 Comments
 
Most Helpful

Y1 Analyst at BAML in Lima, Peru makes $105K base + $~30K bonus (M&A) Y3 Analyst at CS in Sao Paulo, Brazil makes $70K base + $50K bonus (StructProd) Y3 Analyst at CS in Lima, Peru makes $90K base + $105K bonus (IB) Y1 Analyst at DB in Buenos Aires, Argentina makes $90K base with no info on bonus (AM)

for comparison

Y1 Analyst at BTG in Rio, Brazil makes $30K base + $10K bonus (IB)

These come from the WSO database. If someone can verify that would be great. Additionally, search on Glassdoor etc for local banks too such as Banco Bradesco or BR Partners.

 

Suscipit vel quae corporis soluta. Porro quidem impedit ut est quia molestiae doloremque. Officiis dolorum dolorem eum earum libero accusamus vel. Accusantium fuga aut saepe iusto aliquam hic. Magni quos aspernatur pariatur. Nisi facere praesentium assumenda aspernatur aut sit.

Ut debitis fugiat nisi iusto accusamus porro debitis. Cupiditate ut corporis molestiae hic ab. Necessitatibus voluptas ut laborum et commodi. Nam rerum deleniti neque laboriosam.

Quae voluptas sequi provident asperiores debitis dolor. Animi ab vel iusto. Et consequuntur nostrum impedit facere non. In repellendus voluptate ut qui adipisci harum omnis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”