S&T Comp at T2/T3 Bank

Based on the WSO Dataset, the compensation in Sales & Trading (S&T) at Tier 2 or Tier 3 banks isn't explicitly detailed in the provided context. However, it's generally understood from the industry norms that Tier 2 and Tier 3 banks might offer slightly lower compensation compared to Bulge Bracket (BB) banks, which are considered Tier 1. This is often due to the differences in market influence, deal flow, and overall revenue generation capabilities.

For a more specific breakdown, you might want to look at discussions or threads that focus on individual banks within these tiers, as compensation can vary significantly based on the bank's performance, the specific market segment they are strong in, and geographical location. Additionally, market conditions and the bank's strategic focus areas can also influence compensation levels.

If you're looking for detailed numbers, I recommend checking out the latest threads on WSO or even starting a new discussion there to get the most current and relevant insights from professionals in the field.

Sources: Comp/Culture/Hours etc at Tier 2 Consulting Firms?, Updated 2022 S&T Compensation, 2021 S&T Bonus, 2017 S&T bonuses