JPM Bonus Thread/Organizational Shift
Have seen MS/PWP/BofA bonus threads but not yet JPM. Numbers/promotions should have been communicated last week. State your region/title below and let's get a thread going.
Region: APAC
Title: CB AN1
TC: ~USD105k (top-bucket, adjusted for COL, hopefully not getting low-balled)
The firm also announced organizational shift as the former Corporate & Investment Bank business segment has been reformed as Commercial & Investment Bank, with Co-Heads being consumer banking and Markets leads. Any potential impact in your opinion?
Can anyone confirm?
Bump
Did people get numbers?
Yea numbers were communicated on the 17th, surprised there's no thread about it
Any detail on numbers?
That bad huh?
bump
ignore title
VP2, EMEA: $360 all-in ($227k base; equiv £180K)
Absolute disgrace
Wait I thought VP2 has a much higher base?
You'd think JPM is the most steady with the best earnings, despite missing analyst estimates. Apparently not lol
Damn that's brutal.
Wasn't it close to £300k on arkendesen 2020
Bump
Bump, any nyc figures?
seems like only Jamie Dimon got a good number haha
USD36mm lmao, guess it makes up for his pay cut in 2012 for London Whale
Do keep in mind there's also base salary bump. My bonus was kinda underwhelming but base got bumped pretty sizably in terms of %. Look on the bright side, in this market guaranteed monthly pay outweighs an annual lump sum..
Seems that Jennifer Piepszak is positioned very well now in terms of succession planning after her promotion to co-CEO of the new Commercial & Investment Bank. She was with Marianne Lake on the Consumer Banking side earlier
JPM GCB (Global Corporate Banking) was essentially absorbed into the Commercial Bank and is now part of CB lol
OP: are you in Commercial Bank or GCB (Global Corporate Bank)?
GCB
US GCB An-1 base is $100k, is there a discount in APAC like UK?
Also, how does the new reorganization affect GCB? Is CCBSI+MMBSI now part of GCB? Thanks!
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