Highest paying bank in London
Which bank pays their analysts the most in London? Would be grateful to get insights into specific banks/teams as well as how much I can expect to make at those. Thanks!
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From the BBs, Citi pays the highest followed by BAML, GS and JPM according to the 2019/2020 Arkesden Compensation Report. This comes to £80-90K total compensation. Out of the EBs, CVP pays ~£60K base + ~100% bonus. They're also famous for their huge signing bonus you have to pay back if you leave within 3 years. Not sure how much this is exactly, but have heard it's in the £20-30K range. All in that brings you to £130K per year for your Analyst years if you annualise the signing bonus.
Wow three years is a long time.. at my BB it’s 1 year but it’s also „just“ 6k
It is, but as you see the bonus is huge. Also, CVP has a culture and ethic focused around trying to make you a career banker rather than a slave bound to leave in 2 years for PE. It's not that common for people to leave before the 3-4 years mark anyway so it seem to be working well for them.
Guys as per the other thread PWP is the greatest firm out there so must be paying the highest
Pls close this thread, don’t insult PWP analysts.
Including signing bonus, top bucket: Centerview 130k PJT/EVR/PWP 115k
What is Moelis paying in London?
Anyone know about Barc / CS? Comp report is outdated because cycle has changed
You wouldn't believe the answer to this question...
It's Lloyd's Retail Banking!
No, but it's a US MM (think along the lines of WB/HL)...
Guessing WB if it's true that their LDN analysts are paid the same bonus as their US analysts
Several US banks benefit from the same (bonus paid in USD).
Jefferies pays a ton - they don't have to define set buckets - they pay you what they think you are worth to retain you. Also I think a shop gives analysts a cut of the PnL if the team makes target.
Really? For analysts it’s market standard but maybe they begin to pay above market at the associate level and above given the claw backs kick in
I might be wrong here but didn't they pay out quite small bonuses this season even despite record revenues? At least that's what Glassdoor seems to suggest. Would be helpful if someone could confirm this.
Depends on the team, healthcare is their top team and usually does well - it had a great year so far so top bucket in this team was c.100% for analysts. Tech also did well.
other teams may have suffered a bit on bonuses
What about the London Energy team?
PUI is also paying very well as they lost a lot of juniors and dealflow hasn't slowed.
Understood, thanks.
So what would you say was the top bucket for An1?
Robey Warshaw - can’t say at the junior level but mid rank ££££
heard CVP paid approx £140-150k to 2nd year analysts and £150-160k to 3rd year analysts plus a £50k associate promotion/sign-on bonus so £200-210k as a 3rd year analyst.. insane
That's fucking insane. Almost seems too good to be true haha
Why is CVP pay so high? Are the hours/deal flow/exits bad?
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