Messina vs BofA ML
Page 14 VP making $775k, Dir making $1.25m, another Dir making $2.25m.
The highest numbers (for those levels) I've heard of since the financial crisis. I know these are outliers, but still. Perhaps I'm upset because I'm in Equity S&T and I'm pretty sure no one makes this (at respective levels).
Would love to hear thoughts from other S&T professionals about comp and the industry going forward.
Did you notice the breakdown of comp? The director made 250k base and 2mm bonus. If he (or the desk) had performed poorly, that could have been 250k all in. I'm guessing comp is highly desk-dependent, so don't anchor your estimate to the performance of the BofA structured credit desk over the three most recent years.
That aside, the entire complaint makes for quite a fun read. Anyone else think she made $4mm less than her co-head because all the shady stuff he was allegedly doing generated proportionally more pnl?
I completely agree and realize that someone can easily make $250k all in instead of these numbers. Nonetheless though I was still surprised because these are some of the highest numbers I've seen for these titles since the financial crisis.
Expedita laudantium eius et molestiae iure temporibus vel. Sit voluptatibus illo quia deleniti voluptas inventore sit est. Est omnis amet et reprehenderit nemo pariatur id dolor.
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...