Comments (56)

Feb 12, 2020

Please be honest. I don't wanna see any "AN1/BB/Top/180k/50k"

Funniest
Feb 12, 2020

AN1

100k base
200k bonus.

I couldn't resist.

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    • 3
Feb 12, 2020

noooo lol

Feb 12, 2020

Intern
PS300K base
PS1-2M bonus depending on deals I source
MM Bank

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    • 1
Feb 12, 2020

All jokes aside, I know the compensation of a friend in London IB and it is as following:

AN1
Base: 50K
Bonus: 15K
European BB

All in GBP btw

    • 3
Feb 12, 2020

stub bonus? that's super low otherwise

Feb 12, 2020

Daaaamn, all-in is less than the base of an AN1 in the US

Array

Feb 12, 2020
The Pharma Guy:

All jokes aside, I know the compensation of a friend in London IB and it is as following:

AN1
Base: 50K
Bonus: 15K
European BB

All in GBP btw

What the hell. Why would anyone do banking in London

Feb 12, 2020

this is approximately street in london fyi. base/bonus may fluctuate by 5k.

Thank you for your interest in the 2020 Investment Banking Full-time Analyst Programme (London) at JPMorgan Chase. After a thorough review of your application, we regret to inform you that we are unable to move forward with your candidacy at this time.

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Feb 13, 2020

Thank you for the first ever honest comp datapoint re: London salaries ever to hit this website

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Feb 14, 2020

This is pretty clearly a stub bonus.

  • Analyst 1 in IB-M&A
Feb 12, 2020

2 threads and only 1 data point. This is shambolic.

    • 4
Feb 13, 2020

Right?

Feb 13, 2020

Associate 1 --> 2, PS90k base, PS85k bonus. Product group at Mid Tier Full Scale. 9am - 8pm most days, product team and 27 days holiday all taken last year (in case helpful for US names).

Despite all the news analysts / associates protected across most banks.

Some MM boutiques still paying ridiculously (150%)

Feb 13, 2020

Not sure what Mid Tier Full Scale means but for 8am-9pm thats pretty good pay!

Well MMs paying 150% bonuses absolutely abuse their employees - churn is usually very high in these places soo...

Feb 13, 2020

Mid tier non bulge full scale IB

Yeah work life is good for the pay but exit ops are the deficiency versus top BB

Agree the MM names are still juicing so each to their own preference

Feb 13, 2020

And to clear up some others ranks:

Analyst 1 - PS53k base, PS30-41 bonus depending on Tier
Analyst 2 - add 4K and Top Tier 100%

Keen to understand VP/D bonuses in London as understood those were hit in the rounds at the expense of maintains Analyst / Associate pay

    • 2
Feb 13, 2020

AGREE - interested in VP / D pay and bonus numbers in London.

  • Director in IB - Gen
Feb 14, 2020

My VP3 all-in comp at a top US BB for the past year was ps340k. Pretty disappointing if you compare to the US at current exchange rates and is about the same as what I made as a VP1 back in NY.

However I think the fact of life in London is that you need to make the conversion at 1.6 instead of 1.3, i.e. before the Brexit vote, when comparing numbers to the US. Looking at the current rate really only affects you (vs. pre-2016) if you vacation in the US.

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Most Helpful
Feb 14, 2020

AN1 EB

Base: 52K
Bonus: 25K

    • 3
Feb 14, 2020

stub? Or is it just low?

Feb 14, 2020

I'd imagine all AN1 are stub since they start in the summer?

Feb 14, 2020

large EU bank analyst 1 PS50k salary bonus 0 analyst 2 PS55-60k bonus PS5k analyst 3 PS60-65k bonus PS15k (normally people leave after analyst 2 to other banks once they have gotten 18-24 months at this brand name bank hence bonus etc rises to keep people on)

    • 2
Feb 14, 2020

that seems really low

Feb 14, 2020

why do you think i quit loooool - but fr thats what the bank paid - it was really bad and a lot of analysts were under paid relative to rival banks despite pulling similar hours. also most analysts were not paid in the upper portion of the ranges i gave

Feb 18, 2020
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  • Analyst 2 in IB - Gen
Feb 18, 2020

This is great, shame it does not include EB's - anyone have any reliable info?

Feb 24, 2020

Analyst 1, US EB: PS55k base, PS5k signing bonus, PS30k-40k bonus

    • 1
Feb 24, 2020

Damn!! That's the best you can get in London! Congrats

  • Incoming Analyst in IB-M&A
Feb 25, 2020

Not quite - I know some relatively unknown boutiques (non-EB) paying PS60k base with 100% bonus

Feb 24, 2020

Thought the US EBs payed closer to 120k. Was this a bad year? Greenhill or moelis?

Feb 25, 2020

An 2 :
PS55k / PS45k bonus
An 3 :
PS60k / PS60k bonus

Ass 1:
PS90k / PS100k bonus / PS20k stub

Ass 3:
PS115k / PS80k bonus (awful year across the floor / industry)

Bank tier 2 / 3.
I get 25 days + of holidays (all taken, rarely worked during holidays)
Today 9-10am to 8-9pm but a lot of variability

  • Analyst 2 in IB - Gen
Feb 25, 2020

European bank?

Feb 26, 2020

Nope, US mid-market.

  • Analyst 3+ in IB - Gen
Feb 25, 2020

Low tier bank:

An1: 50k base / 16k stub
An2: 50k base / 50k bonus
An3: 50k base / 65k bonus

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  • Analyst 2 in IB - Gen
Feb 25, 2020

As a slight aside does anyone know what bonus % are at the Big 4 M&A teams for the U.K.?

    • 2
Feb 25, 2020

Would also like to know

  • Incoming Analyst in IB - Gen
Feb 25, 2020
Comment
  • Prospect in RE - Comm
Feb 26, 2020