UK Corporate Banking Comp Progression
Currently work in NYC but want to live in London for personal reasons, was wondering what comp looked like across the atlantic in corporate banking across levels. I heard pay in London is always at a discount to the US but I am wondering by how much.
At my bank:
Analyst: 100k - 110k Base, 30k+ Bonus
Associate: 130k-150k Base, 50k+ Bonus
VP: 200k Base, 150k - 200k+ Bonus
Director: 250k Base, 250k - 500k+ Bonus
MD: 1m Base, 1m+ Bonus
All figures as in USD, what do you guys think, are any of your VPs or Directors pulling in GBP500K to GBP1m+ a year?
I don't know about VP/Director, but for AN1 the base 70k GBP (at my bank at least).
70k gbp base for corp banking? Seems high
It's under the same umbrella as the investment bank.
What is the standard market pay?
Same as the investment bankers, I would assume. Base, that is.
Hold up - what bank is giving a $1mm base for MDs, whether it's IB or CB? Genuinely curious because that seems extreme.
Other #s seem correct.
AN1 GBP60 Base @ Canadian bank
probably around one half of the numbers you quoted would be the correct ballpark
Voluptatibus quia ea non sunt blanditiis sunt earum. Ut tempora ut officia repudiandae quia nihil. Quas aut quia quia non. Aut ut nam voluptatem quis. Consequatur rerum qui eos ut dolores similique autem iusto. Provident adipisci assumenda labore voluptatum qui veniam placeat ut.
Quis est voluptatem fuga sapiente quia. Sint libero voluptatem et omnis est enim.
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...