Any insightful commentary?
I am in another b-line besides IB at JPM, so my info isn't as interesting.
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doesn't apply to analysts, right? They were paid in July or so, no?
Yes, sorry, I meant Associate and higher.
I had a good day for a 2nd yr Assoc in my division......albeit much lower than IB.
somewhere in the commercial bank
The numbers I've heard are consistent with where JPM usually comes out - more or less in line with Street for overall range. The real question is how the curve looks and what the skew will be. That's where the games will be played.
I saw from from another forum that you are in HR.....do you know what variance may be at JPM between coverage and product groups such as M&A, SLF, ECM or derivatives?
Sorry, I'm not in HR.
From what I know, the ranges are similar between groups throughout IBC/M&A. Some groups have historically done better than others in terms of skew, for example M&A usually skews better than most (but not all) SLF silos.
The differences are not as pronounced as at many firms, where for example M&A often does significantly (i.e. incomparably) better than IBK.
Also, speaking of curve. What's typical for range of middle 80%. (10-90 percentile) If median is $300k, then 90 percentile is x (15-20% higher???) and 10 percentile is x (15-20% lower????)
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