London IBD Intern Pay
London Intern Pay 2022
JPM - £57.5k
GS - £47k
Centerview - £65k
Bain Capital Credit - £75k
Blackstone - £80k
Citi - £60k
DB - £59k
MS - £70k
Mizuho - £45k
CS - £45k
Jef - £70k
BofA - £65k
Trending Content - Investment Banking Forum
| +268 | UBS Layoffs (October 2026) | 84 | 22m |
| +121 | Do people still want to go PE? | 36 | 17h |
| +98 | UBS Tech layoff | 37 | 10m |
| +36 | Lazard hirevue | 11 | 2d |
| +36 | What Differentiates the Best Analysts as AI Improves? | 9 | 2d |
| +33 | How do YOU manage networking requests? | 7 | 3h |
| +31 | Quitting After First 4 months | 10 | 1d |
| +27 | MBB Pay Raises | 12 | 41m |
| +25 | Cornell Club T10 Rankings (UPDATED 10/2026) | 16 | 12h |
| +25 | Are target prospects getting dumber? | 11 | 14h |
Career Resources
2022 SAs at most banks are coming in on the new salaries (57-70k depending on where you are.)
No idea for off cycles.
which banks are paying what?
Do interns usually get paid monthly or weekly? And what about the holiday entitlement, is that paid after the 8-10 weeks?
Monthly like all other employees.
Holidays if unused, will be turned into salary on the last paycheck
Daily + 50% bonus
Depends on the bank. Some BBs paying old base and some paying new.
the BBs? do you know who pays what
MS and JP raised. Bofa and UBS did not. I don't think GS did either
Incoming SA LDN at balance sheet bank. Getting ~50k GBP pro-rata
youre anon my friend, you might as well say the bank...im guessing citi?
Citi is a BB. He probably means HSBC.
deleted
Incoming SA DCM at a tier 2 Balance sheet bank at £45k pro-rata, no relocation.
.
A few data point from my friends for this summer:
JPM - £57.5k
GS - £47k
Centerview - £65k
Bain Capital Credit - £75k
Blackstone - £80k
Citi - £60k
DB - £59k
MS - £70k
legend!
JEFF - £70k
CS - £60k
Nomura 60k + 1K relocation
Many banks have only just officially raised bases (even if they were announced much earlier). Intern contracts will likely be updated to reflect the new bases when HR has time, it's not an urgent matter.
BOFA- £65k
£45K Mizuho - no news about any raise so far.
Ft Partners at 75k
CS - £60k + £1k relocation
Barcap - £65k + £2k sign
deleted
That would imply £690k full year comp for a first year analyst lmao. No, these numbers are full year, so you’d get pro-rata for the internship.
Sometimes critical thinking should be used before asking questions.
Interned at a MM HF - was paid £85k
why are europoors paid poverty wages
Autem sit et ea et expedita inventore iste nostrum. Qui maiores et sit rerum laboriosam non cumque.
Atque nisi velit suscipit id blanditiis omnis omnis. Non iure quae rerum natus. Aperiam cumque repellendus delectus maiores fugit.
Amet molestias ipsam voluptas eaque voluptate facilis beatae. Laborum iste voluptatibus deserunt et id quod.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Illum adipisci voluptatem aperiam aliquam. Animi minima voluptas repudiandae provident quam atque saepe cupiditate. Minus est et et nesciunt.
Ipsam error sed nulla modi quia ipsam excepturi. Adipisci mollitia ex est quaerat.