Comments (44)

  • Analyst 1 in IB - DCM
Oct 21, 2022 - 5:10pm

Same. Maybe included the signing bonus?

Or they pay lateral A1s 66k to make up for the fact they didn't get the signing bonus?

  • Analyst 2 in HF - EquityHedge
Oct 20, 2022 - 10:16am

Arkensden report is out and has exact 2022 figures for BBs so just Google it.

not IB but MM HFs training programs are around 100k base

  • Analyst 1 in IB - Gen
Oct 20, 2022 - 5:57pm

Would you mind providing a link? Can't find it on their website.

  • Analyst 1 in IB-M&A
Oct 21, 2022 - 7:06pm

Lol people are so hung up over 5k differences when post-tax that's like 3,000 in your pocket

  • Associate 2 in PE - LBOs
Oct 22, 2022 - 6:46am

Yep and a higher salary won't matter much if bonuses are miserable (as they were at many banks this year)

  • Analyst 1 in IB - Gen
Oct 25, 2022 - 4:46am

Well, it's getting better. More and more banks start to hire non french speakers (BNP, Citi that I know of). That said it helps being in a french business school. https://www.efinancialcareers.com/news/2022/10/european-bankers-in-london

  • Business School in IB-M&A
Oct 23, 2022 - 2:49pm

Lol 60k??? I knew salaries in LND were bad, but this is nuts

The compensation in London compared to NYC has become just ridiculous. At this point an A2 in NYC makes more money than most associates in London.

To put some perspective, London analyst salaries are closer to NY-based McDonalds employees than to their NYC counterparts.

Oct 23, 2022 - 3:04pm
anon123456712, what's your opinion? Comment below:

Think it all balances out to be fair. Free healthcare, better travelling destinations in and around Europe. Rent to income and what you can get is also all relative tbh. 

  • Analyst 1 in IB - Gen
Nov 14, 2022 - 7:42pm

For the 10 millionth time stop coping, it is clearly a way worse deal than NYC

  • Associate 2 in PE - LBOs
Oct 25, 2022 - 7:27am

In b4 someone uses the FX rate as an excuse.

It's not going back to $1.70 any time soon folks.

Nov 14, 2022 - 12:01am
i.can.make.it, what's your opinion? Comment below:

Was going to say London pay was bad and make jokes but after looking at what you can rent for what I am currently paying in a shitty studio in Midtown Manhattan, I want to move to London desperately now. These apartments will set you back USD5000 to USD10K at least in my neighborhood and they'll not come furnished plus you get a mob of murderous homeless people around causing trouble with the occasional slashing or shooting. Currently paying 2800pm for a beyond shitty walk up apartment with roaches and a crime problem.

Why are we living like this in NYC??

  • Intern in IB - Cov
Nov 14, 2022 - 7:31pm

both in "bad" locations tho... You won't find the same for the same price in other areas

Nov 14, 2022 - 9:06pm
i.can.make.it, what's your opinion? Comment below:

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  • Intern in IB - Cov
Nov 24, 2022 - 12:17pm

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