London 2015 IBD Salary Increase following US?

Following the topic regarding the analyst base raise in IBD I am eager to see whether you have noticed that in London offers. For the time being I have noticed 45GBP in both BB & EB matching the 75USD scale.

 

I wonder why LDN salary only gets raised to an equivalent of $75k. That's $10k less than NYC and living in LDN is expensive as hell

Nothing is true; everything is permitted.
 

It has already been $75k (GBP 45k) in summer, for JPM/MS IB and JPM PB in London. My guess is that the raise that we talk about (following Wall St) has not occurred yet in London. Agree on cost of living, and also add to that the exchange rates: in summer $75=GBP45 and now after the dollar strengthening it's $70=GBP45.

 
Best Response
drengen:

It has already been $75k (GBP 45k) in summer, for JPM/MS IB and JPM PB in London. My guess is that the raise that we talk about (following Wall St) has not occurred yet in London. Agree on cost of living, and also add to that the exchange rates: in summer $75=GBP45 and now after the dollar strengthening it's $70=GBP45.

For SA 2014 it was 42 for GS/JPM IBD. Did they change it for SA 2015? Would be v welcome if they increased base salary for FT. Living in London is absolutely painful from a cost perspective (if people think rent is expensive, try clubbing).

DYEL
 

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