PNC salary?

Question

Is anyone here familiar with what PNC is paying first year analysts within their capital markets groups? Is base salary the same across the board? Bonuses?

Thanks

5trader90 · Accepted Answer

capital markets groups are 70K + 5K sign on.
Group specific offer will possibly give 7.5K sign on.
Speaking with MDs and Associates... ABS (NY) and Loan Syndications (Pittsburgh) are their best groups. 
syndications bonuses: 15K-40K
ABS bonuses: 20K - 60K 
I don't know about financial sponsors or the trading rotation.
Not bad for the hours (60-80/ week) or location if in pittsburgh (that money will go a long ways).

noke2012 · Answer

5trader90capital markets groups are 70K + 5K sign on.
Group specific offer will possibly give 7.5K sign on.
Speaking with MDs and Associates... ABS (NY) and Loan Syndications (Pittsburgh) are their best groups. 
syndications bonuses: 15K-40K
ABS bonuses: 20K - 60K 
I don't know about financial sponsors or the trading rotation.
Not bad for the hours (60-80/ week) or location if in pittsburgh (that money will go a long ways).

Thanks! Location is in Philly and the group is FIG.

noke2012 · Answer

5trader90All capital market track positions pay base 70K with varying bonuses (below street).

This includes their DCM, S&T (hardly s&t), ABS, and a few other areas they include in "capital markets" track.
Harris Williams is the true Investment Bank under the PNC umbrella.

I do not know what the corporate banking track pays.

Thanks for the info, what exactly do you mean by "hardly s&t"? How Is it different from s&t at other banks?

stiftree · Answer

PNC Capital Markets Comp (Originally Posted: 02/26/2012)

Does anyone know what the first year analyst comp is for PNC Capital Markets in Philly? 
I've heard anything from 62k base to 70k and all in 80-90k.
Also does the base salary differ within the different groups within Capital Markets?
How about the Bonuses?

Thanks in Advance

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