Have European Junior Bankers Compensation Increased like in the US ?

It has been well reported in the financial press that NYC 1st year IB analysts saw their base pay increase from $85k to $100k-$120k depending on the bank: https://archive.is/NdIuD

Have other offices outside the US experienced similar pay bump ? Or is London IB 1st year base still £50k ? 

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Comments (10)

  • Prospect in IB-M&A
Oct 14, 2021 - 2:52pm

Yes

GS/MS/PWP/PJT all at 70k base for A1.

For A2 that figure jumps up to 80k.

Evercore/BofA at 63k for A1

Roths at 62k for A1

Most other BBs at 60k

A lot of MMs between 55k-60k

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  • Intern in IB - Gen
Oct 15, 2021 - 8:48pm

American incoming BB analyst here. Honestly it's bullshit that london bankers don't receive same comp. Most BB's are now £60k base? That's $82k lower than the old NYC base before raises… wtf

  • Research Analyst in HF - Other
Oct 15, 2021 - 10:53pm

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Total Avg Compensation

December 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (236) $235
  • 2nd Year Analyst (145) $156
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (107) $146
  • 1st Year Analyst (514) $136
  • Intern/Summer Analyst (394) $84