Ah, the quest for the bonus treasure! Based on the most helpful WSO content, here's what I've gathered for you:

  • Wells Fargo Corporate Banking Analysts/Associates Compensation: In the past, Wells Fargo corporate and commercial pay has been basically in line, with corporate being slightly higher. For example, in 2017, the bonuses at the analyst level were about ~20%.
  • Recent Trends: There's been chatter about Wells Fargo bonuses being down by about 30% in September 2023. This could potentially affect the bonus pool for corporate banking professionals as well.
  • Specific Numbers: While I don't have the exact figures for the most recent years post-base pay rise, the trend suggests that bonuses are a significant portion of the total compensation, but they can fluctuate based on the bank's performance and other factors.

Remember, these numbers can swing like a vine in the jungle depending on a myriad of factors, including market conditions, individual performance, and changes in the bank's compensation strategy. Keep an eye on the WSO forums for the latest gossip and actual numbers shared by fellow finance primates!

Sources: 2017 Commercial/Corporate Banking Bonuses, Q&A: Wells Fargo Financial Analyst Program for Commercial Banking, Q&A: Wells Fargo Financial Analyst Program for Commercial Banking, Wells Fargo Associate & VP Corporate Banking Comp, Corporate Banking Bonuses 2022 - Analysts

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

WF is one of the lowest paying banks for CB. They were the last to raise analyst salaries to the new market rate and kept associates at $125k base. Bonuses used to be ~$10k for analysts but it's slightly improved to < 25%.

CB there doesn't really make sense when you're consistently working 60-70 hours a week and getting paid a significant discount to IB. For that reason I would recommend JPM/Citi/BOA over them. 

 

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