Citi A1 base raised to 110K?

Can anyone confirm? Saw Litquidity's story just now. Which BBs have now raised base to 110K? Anyone think rest of BBs will follow? 

Region

Comments (104)

  • Analyst 1 in IB - DCM
Jan 19, 2022 - 11:16am

They did - gonna need the french banks next fingers crossed

  • Associate 2 in IB-M&A
Jan 13, 2022 - 5:16pm

Citi (friend just received call)

Confirming analysts = 110/125/?

Associates still the same = 175/200/225

Meanwhile... JP Morgan still paying associates 150(A2A) 175 (MBA2A) / 175  / 200... BUMP IT UP JP

  • Analyst 2 in IB - Gen
Jan 14, 2022 - 1:06am

Citi An2 and An3 have same base? What is the rationale there? Pretty sure they have same bonus range as well. Please correct me if mistaken.

  • Analyst 2 in IB-M&A
Jan 16, 2022 - 7:48pm

Yeah this is stupid. Surely A2 and A3 should be different - if they have same base I can already see a wave of A3s leaving lol

Jan 19, 2022 - 8:18pm

Citi An2 and An3 have same base? What is the rationale there?

Supply and demand? Aren't most MF / MM PE shops still starting associates at ~$110 range? If you're staying in banking another year (either because you struck out in buyside recruiting or your pushing for A2A), what incentive do banks have to raise their A3 base beyond $125 to, say, $150? Base already exceeds what you'd be getting on the buyside. 

Plus it'd be really fucking weird to have the same base salary for third year analysts and stub year associates (bonus is a different story)

  • Intern in AM - FI
Jan 14, 2022 - 11:33pm

Does anyone know if this applies to Public Finance too?

  • Analyst 1 in IB - Gen
Jan 15, 2022 - 10:46am

Bump... and have any of the other PubFin groups at other banks been bumped or are they all $85k?

  • Analyst 2 in IB - Cov
Jan 15, 2022 - 1:15am

How can JPM still pay 100k base when now MS, GS and Citi pay 110. That will have to change soon

Jan 15, 2022 - 6:12am

I have been waiting for this. As soon as a non MS/GS BB raises (particularly other than JPM), the others have to follow suit. Probably won't take long for especially BofA and JPM to react. And if that happens, the rest will have to follow suit… This got the ball rolling folks 

  • Associate 2 in ER
Jan 15, 2022 - 10:31am

In a markets group at JPM... management told us to expect base raises at the end of the month and that they're expecting us to at least match GS/MS- so expecting 125k as a second year. 

  • Intern in IB-M&A
Jan 15, 2022 - 9:42pm

Are interns this summer gonna get pay bumps because of these base pay raises?

  • Analyst 2 in IB - Gen
Jan 18, 2022 - 7:14pm

Eaque corrupti molestiae eos ex quis ullam. Nisi quam iure corporis dolor nostrum molestiae. Voluptate deleniti fugit quia sunt vel. Facere sit autem cum aut.

Impedit voluptatibus dignissimos rerum numquam. Corporis qui voluptatem omnis nisi qui et quae. Ut dignissimos commodi accusantium rem a ex eius.

  • Analyst 2 in IB - Cov
Jan 19, 2022 - 7:16pm

Provident ab nesciunt quis consequatur officia et aspernatur. Fuga soluta ratione facilis maiores consequatur. Veritatis ut consequatur minus blanditiis est magni. Illum quo suscipit dolores voluptas.

Sint quaerat omnis dolores itaque magni earum. Et rem quo culpa. Repellendus quis cumque dolores qui est facere excepturi. Nihil voluptates est officia et. Exercitationem eos enim dolores in.

Jan 20, 2022 - 10:55am

Quaerat numquam voluptate quisquam culpa corporis. Provident iusto dolores at magni quos veniam animi. Nisi voluptate alias enim nihil porro a velit.

Qui exercitationem facilis qui explicabo eos sed. Odit repellendus et voluptas et reprehenderit libero. Maxime perspiciatis libero sit nihil non id. Est optio soluta sed nobis.

Iure quaerat molestias nemo recusandae nam. Asperiores nostrum dolores expedita et sunt ab. Dicta libero dolores et cumque harum.

  • Analyst 1 in IB - Gen
Jan 20, 2022 - 2:10pm

Ut fugit id minima excepturi beatae atque voluptas quia. Aliquam blanditiis ut recusandae. Et sit dignissimos ut aperiam quis libero placeat. Dolor et quod voluptatem porro. Magnam eum atque pariatur numquam nam rerum repellendus. Minima nemo esse voluptatem aut.

Aut aut eaque voluptates eum accusamus id quia. Tenetur dolor quas laudantium numquam. Aspernatur sunt porro minus.

Jan 20, 2022 - 1:26pm

Rerum voluptas accusantium voluptas voluptate. Quia rerum assumenda nulla est quia laborum. Doloribus sed et laborum nesciunt ratione. Deserunt officiis praesentium aliquid. Necessitatibus ea soluta itaque enim illum. Non aut ea sint quisquam quas reprehenderit.

Quaerat explicabo quam quia magnam at rerum. Minus reiciendis nihil earum repellat. Consequatur minima quam facilis dicta vitae. Modi corrupti veritatis quia blanditiis. Et doloribus numquam error qui vel adipisci.

Voluptatum voluptatem eos est. In voluptatem temporibus animi voluptas ut facere fugiat totam. Quasi repellendus odio et optio earum ipsam aut. At iure consequatur et sed ut illo temporibus. Eius atque repellat laudantium quia dolore dicta. Doloremque consequuntur quod qui voluptatem est nostrum.

At sunt temporibus nostrum voluptatibus deserunt ut. Quidem expedita temporibus dolor omnis ab hic tempore aut.

Start Discussion

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (23) $377
  • Associates (149) $242
  • 2nd Year Analyst (85) $153
  • 3rd+ Year Analyst (15) $150
  • Intern/Summer Associate (65) $144
  • 1st Year Analyst (296) $142
  • Intern/Summer Analyst (226) $90