1. Search Results

  2. Anyone else fed up with the banking/finance industy?

    Happy Monday everyone. It'd be good if we keep this discussion amongst those who have actually been there and done that (i.e. no high school/college students) I thought I'd start a topic that perhaps a lot of you think about but don't bring ...

    84 comments - 12 silver bananas - May 7 2016 - 8:00pm -

  3. When Do Signing Bonuses Get Paid out?

    I recently signed a FT offer with a BB bank. I am trying to do some financial planning for the remainder of my senior year, and was wondering when signing bonuses typically get paid out. How do sign-on bonuses work? Sign on bonuses are paid out differentl ...

    115 comments - 0 silver bananas - Nov 29 2017 - 9:48pm -

  4. Asset Management: Portfolio Manager Career Path?

    So after doing my own research and reading this site I have realized the Asset Management is a solid career choice. So I wanted to know what is the usual career path to become a portfolio manger at a asset management firm like BlackRock, PIMCO and welling ...

    129 comments - 0 silver bananas - Jan 28 2018 - 10:07pm -

  5. 2013 Bonus Season

    Mod Note (Andy): this was originally posted 6/28/13 Well, it's that time of the year that we have all been so patiently waiting for... BONUS SEASON! Numbers are coming in, and we all like to know how our comp stacks up in the industry. Please post co ...

    98 comments - 0 silver bananas - Aug 2 2013 - 6:19pm -

  6. Betting on the Bonus

    I recall the first time I checked out Wall Street Oasis. It was late 2007 and all the buzz was about bonuses. The supposedly extinct douchebag banker was at his peak as a cultural icon and you could smell champagne wishes and caviar dreams in the air. As ...

    38 comments - 0 silver bananas - Jun 14 2016 - 10:16pm -

  7. $20K Bonuses at Goldman- We're now in the 99%!!!

    The retrenchment has hurt morale among lower-tier workers. Young bankers and traders fresh out of Ivy League universities can no longer count on earning more than their peers in other prestigious industries, such as management consulting and law. Rounds o ...

    151 comments - 1 silver bananas - Jan 20 2012 - 11:31am -

  8. Obama Slams Wall Street Bonuses

    President Obama just called last year's Wall Street bonuses "Outrageous", despite being 44% lower than 2007: http://www.msnbc.msn.com/id/28916936/ While we're on the subject, here's a nifty breakdown of 2008's bonuses: http:/ ...

    123 comments - 1 silver bananas - Jan 29 2009 - 3:10pm -

  9. 2009 First Year Analyst Bonuses

    I heard from a friend that first year bonuses at Citi were $50k, $38k, $25k and $11k. I am surprised no one else has posted this but can anyone confirm? Have any other banks reported? analyst bonus bonuses ...

    86 comments - 0 silver bananas - Jun 30 2009 - 6:47pm -

  10. Associate Bonuses- 2015

    It's that time of the year- what are the numbers being reported out there? I heard BAML paid first year associates $70k; not stub but full year. I know BAML has had their fair share of legal fees this year but this seems extremely low. Has anyone els ...

    30 comments - 0 silver bananas - Mar 3 2015 - 1:31pm -

  11. Macquarie Bonus Figures Are Out- Punch to the Groin

    associates: low to high 20s 2nd year analysts: mid teens to low 20s 1st year analysts: single digits to low teens macquarie bonus bonuses ...

    67 comments - 1 silver bananas - Apr 30 2010 - 12:09pm -

  12. ER Bonuses: 2013

    Created this same thread last year and it had a good response so thought it would be helpful to do it again. I get a sense that the street was down across the board this year but all of the focus is on IBD and not ER or S&T so there's very few da ...

    29 comments - 0 silver bananas - Feb 16 2013 - 9:32am -

  13. ER Bonuses: 2012

    How'd everyone do this go around? I get a sense that the street was very tough this year but all of the focus is on IBD and not ER so there's very few data points. I think it's helpful to collect as much comp info as possible to understand ...

    30 comments - 0 silver bananas - Feb 18 2012 - 2:45pm -

  14. 2009 Bonuses

    Any word on 2009 bonuses? Is it true that associates will be getting similar to 2007 numbers? bonuses ...

    37 comments - 0 silver bananas - Dec 2 2009 - 9:49pm -

  15. Welcome to Socialist Europe

    http://www.telegraph.co.uk/finance/newsbysector/ba... Presented without comment. bonuses ...

    19 comments - 0 silver bananas - Feb 28 2013 - 5:20am -

  16. This argument will eventually grow legs... bye-bye bonuses or bye-bye solvency

    This argument will eventually grow legs... bye-bye bonuses or bye-bye solvency... http://finance.yahoo.com/tech-ticker/article/16281..., JPM,MS, GS,XLF,C who really wants to go into banking right now? Banking Merrill Lynch bonuses ...

    21 comments - 1 silver bananas - Jan 23 2009 - 10:11am -

  17. Investors Tell Diamond to "Tone Down" Bonus

    Next time you think we have it bad here with all the Dodd-Frank hullabaloo, imagine if you worked in a country where your bank actually had to care what investors thought. Such is the dilemma facing Barclays CEO Bob Diamond, as he has been warned to " ...

    11 comments - 0 silver bananas - Jun 14 2016 - 11:47pm -

  18. Era of big bonuses over?

    With increasing government regulation of the financial sector, which will only intensify with a democratic congress and President Obama, is the era of big bonuses offically over? Will we ever see finance guys making more than $5 million in a given year? f ...

    15 comments - 0 silver bananas - Nov 5 2008 - 4:51pm -

  19. God's people VS Goldman Sachs

    From Yahoo Finance Religious groups question Goldman on pay: A coalition of religious groups headed by a nun, a priest and the CEO of a Jewish organization will be there to press Goldman Sachs Group Inc. to evaluate whether it's paying executives too ...

    15 comments - 0 silver bananas - May 5 2011 - 11:03pm -

  20. PE salaries?

    A job in PE seems to be the ultimate goal for many bankers or M/B/B consultants. I would guess the salary has a lot to do with this... So what would be the salary (base, bonus, sign-on) for a job in PE?? Both for out-of-college analysts, as well as for a ...

    15 comments - 1 silver bananas - Jun 3 2009 - 5:40am -

  21. Wanking Fucking Bankers

    http://www.youtube.com/watch?v=L5ntfgdk-xk bonuses ...

    14 comments - 0 silver bananas - Dec 11 2010 - 3:14am -

  22. Blankfein: Killing It Is the New Killing It

    I'm betting it was a banner weekend in the Blankfein household. On Friday the Goldman Sachs CEO was awarded a $13.3 million stock bonus for 2012, the biggest bonus he's seen since the crisis started in 2008. His all-in comp for the year looks to ...

    10 comments - 0 silver bananas - Jan 22 2013 - 8:14am -

  23. Underpaid and underappreciated?

    Ladies and gentle-apes, Dealbook is reporting that some banking execs feel they are underpaid. According to DB, executives at ye olde HSBC have been sharing (worldwide) their dissatisfaction with their measly paychecks. HSBC CEO Michael Geoghegan will be ...

    10 comments - 0 silver bananas - Mar 2 2010 - 3:43am -

  24. 2009 IBD Bonus Numbers

    The other thread started in 2008 is really messy with co-mingled numbers. Let's keep this focused on 2009 IBD bonus numbers... as they become available... bonuses ...

    12 comments - 0 silver bananas - May 18 2009 - 2:04am -

  25. Circumventing European Bonus Cap

    As you'll all probably know by now the EU is capping bonuses at a 1:1 ratio with salaries. Naturally the market will not tolerate this and will find a work around; here's my idea, help me iron out the creases... Asymmetric Redux Salaries ...

    9 comments - 0 silver bananas - Feb 28 2013 - 11:44am -

  26. U.K. to Outlaw Automatic Annual Bonuses

    Today, during the ruling Labour Party's annual conference, British Treasury chief Alistair Darling put his foot down, announcing that the U.K. will outlaw annual bonuses for bank executives in the Old Country. The new measures, according to Darling, ...

    7 comments - 0 silver bananas - May 28 2015 - 7:03pm -

  27. Early Bonus Season

    Christmas might come early to Wall Street this year. WIth higher taxes in 2011 and beyond a distinct possibility, Wall Street banks are looking to do right by employees and pay out their bonuses before the anticipated IRS onslaught. So what is the general ...

    7 comments - 0 silver bananas - Aug 31 2010 - 12:38pm -

  28. Do you receive a prorated bonus if you lateral?

    If I lateral 3 months before the end of first year, do I receive a prorated bonus for 3 months at the new firm or none at all? bonuses lateral ...

    8 comments - 0 silver bananas - Mar 27 2011 - 9:13pm -

  29. What firms are paying Analysts real bonuses these days?

    So, seems GS / MS are not paying bankers. Who IS paying them. Are there any firms / large or boutique that are doing well and paying more robust bonuses? Who are the standouts? bonuses ...

    7 comments - 0 silver bananas - Jan 21 2012 - 9:56pm -

  30. Articles/Papers on why wall street bonuses are justifiable?

    Are there any scholarly articles or papers arguing that wall street bonuses are justifiable/necessary? I would really appreciate the help!! Thanks! wall street bonuses ...

    6 comments - 0 silver bananas - May 9 2010 - 4:33pm -

  31. Am I getting royally screwed?

    When it comes to bonuses for entry level employees (IBK analysts, stub bonuses for analysts, stub bonuses for associates), do banks tend to remunerate all employees around the world (NY, London, HK) comparably? For example, would stub bonuses for first ye ...

    6 comments - 0 silver bananas - Feb 7 2010 - 8:20am -

  32. This Is Priceless

    And they wanna give Wall Street a hard time about bonuses? SHEE-ITT: Eddie Braverman's blog bonuses bling Blog ...

    5 comments - 0 silver bananas - Feb 4 2010 - 4:06am -

  33. Goldman Sachs Lite- "Now With 80% Less Bonuses!"

    That first ever quarterly loss on Goldman' s prestigious balance sheet is already having some negative effects. The FT reported late last night that GS Partners will be seeing an 80% decline in their bonuses this year with compensation packages halte ...

    5 comments - 0 silver bananas - Dec 18 2008 - 8:05am -

  34. Do associates get bonuses mainly in stock?

    I know the high-ranking executives at i-banks get most of their bonus through stock. There was an article this week in the NY Observer where they interviewed an anonymous 29-year old associate who works in structured products. They said his bonus back in ...

    5 comments - 0 silver bananas - Feb 26 2010 - 6:48pm -

  35. Megafund PE Analyst Bonuses

    What is the typical/average bonus for 1st year analysts at PE megafunds? Any data on the past few years' bonuses for PE analysts would be great. I've skimmed some of the PEP digest reports but I'd like some additional input here as well. Th ...

    4 comments - 0 silver bananas - Feb 6 2018 - 11:51am -

  36. Hubris Kills as Investment Banking Bonuses Doled Out

    No, wait. Do NOT spray the champagne; these investment banking bonuses are, after all, for our work in 2011. Goldman's days of paying bonuses in stacks of $100,000 checks may be gone, but the hubris of Harvard's type A, beauty queens will always ...

    4 comments - 0 silver bananas - Jan 19 2012 - 3:50pm -

  37. Tips Bankers Like Waiters

    I saw this article in the NY times and I wanted to receive your opinion. Do you think this would open the doors for bribes instead> [quote] Tips Bankers Like Waiters Forget Europe's bonus caps for bankers. It might make for good publicity for the ...

    4 comments - 0 silver bananas - Mar 6 2013 - 9:58am -

  38. 2011 Bonuses

    Have they been released yet? If not, when will they? bonuses ...

    4 comments - 0 silver bananas - Jan 24 2011 - 11:56pm -

  39. CS Bonuses

    Did a search and was surprised to not see anything on the news that CS would be deferring bonuses >50k over four years. Two questions, for anyone who actually has knowledge. 1) Does this in anyway apply to analysts? (It doesn't seem like it could, ...

    4 comments - 0 silver bananas - Jan 23 2011 - 10:37pm -

  40. what did first-year bonuses look like this year?

    Top, mid and bottom bucket-- I heard 50 to 65k or so, can other people confirm? bonuses ...

    4 comments - 0 silver bananas - Nov 5 2010 - 4:15am -

  41. Business Development Bonuses??

    I was just contacted by an IB about a position in business development and wanted to find out if anyone knows about bonuses for this type of position. From the description, it seems as though this role involves all tasks that IB analysts perform except mo ...

    3 comments - 0 silver bananas - Oct 23 2012 - 7:35pm -

  42. bonus discrepancies between groups

    Let's forget exit opps for a second. Do bonuses between groups at the same bank tend to vary a great deal? For example, is the all-in comp for a top bucket ECM guy going to be that much different from a top bucket M&A guy at the same bank? Invest ...

    3 comments - 0 silver bananas - Jan 30 2011 - 9:02pm -

  43. Bonuses/comp at regional funds

    I expected this to be discussed a few times already, but couldn't find anything, so if anybody remembers a thread where this has been done already, don't hesitate to call me out. Does anybody know if the regional PE (and other alternative asset) ...

    3 comments - 0 silver bananas - Aug 5 2010 - 3:46pm -

  44. Deutsche Bank Analyst Bonuses

    Deutsche Bank Analyst Bonuses 2010: Does anyone know the numbers? I believe bonus numbers at DB were just released, so I was hoping someone had some feedback. Only link I could find so far was related to Associate bonuses: http://dealbreaker.com/2010/02/b ...

    3 comments - 0 silver bananas - Feb 14 2010 - 5:24am -

  45. How do bonuses work at the likes of Trafigura, Glencore, Vitol etc

    Out of interest, was wondering how bonuses for traders at physical trading houses such as Trafigura and Vitol are structured? Is it earned on a per trade or deal basis and how exactly is it calculated? Not much info about this online physical trading glen ...

    2 comments - 1 silver bananas - Mar 23 2018 - 10:32am -

  46. The Investment Banking Bonus Matrix

    For good reason everyone on the Street is talking about Michael Lewis ' big Wall Street exposé, 'The End', in the upcoming issue of Portfolio Magazine. The guy really bitchslaps the model of greed and excess that put us in the economic hell ...

    2 comments - 0 silver bananas - Nov 13 2008 - 3:24pm -

  47. Institutional Sales Pay Structures

    Fellas and few ladies, Wanted to drop a line and ask a question regarding Institutional Sales payment structures. I recently went on an interview at a boutique research firm that is building out a sell-side desk. Although they primarily generate revenue t ...

    2 comments - 0 silver bananas - Dec 22 2009 - 5:02pm -

  48. Barney Frank wants a moratorium on wall street bonuses

    Can this Massachusetts socialist ever keep his mouth shut? He's now revealing the full intentions of a democratic agenda if Obama becomes president. Punish wealth, success, and take away any incentive to do well. http://www.bloomberg.com/apps/news?pi ...

    2 comments - 0 silver bananas - Oct 22 2008 - 3:15pm -

  49. interesting article on bonuses

    http://www.forbes.com/home/2008/10/21/compensation... bonuses ...

    2 comments - 0 silver bananas - Oct 21 2008 - 3:50pm -

  50. Hedge Funds versus Bank Trading- Bonuses versus Total Compensation

    When trading at a bank is it standard to be paid a percentage of your book as total compensation or do you receive a percentage of your book as a bonus? I know at hedge funds your salary is treated as an expense and subtracted out of your bottom line, but ...

    1 comment - 0 silver bananas - Feb 7 2012 - 6:15pm -

  51. Are Bonuses Sector Specific?

    Do bonuses have anything to do with how "hot" the sector you are working in is or is it more related to the overall profitability to the firm? For example, if you worked in IB or ER at a BB specializing in tech companies during 1999 bubble, how ...

    1 comment - 0 silver bananas - Jan 2 2012 - 12:02pm -

  52. Joe Six-Pack Saves IB Bonuses

    According to this week's Time Magazine, things could be a lot worse this year for your average banker if it weren't for Joe Six-Pack kicking in a little of his Christmas Club savings account to help a brother out. Johnson predicts the average ma ...

    - 0 silver bananas - Oct 28 2008 - 11:39am -

  53. discretionary bonus

    Hi, I am going into broker sales at a large firm and have been given a fair salary. Also the bonus is discretionary. I am not sure what percent of the business i bring will be my commision. Is this customary because i am going in as a broker trainee? Plea ...

    1 comment - 0 silver bananas - Jul 29 2011 - 12:03pm -

  54. Goldman Sachs: Hey, We’re the Good Guys!

    The feedback at the bottom is what really shine's light on the general sentiment to any defense the financial services industry is even going to attempt to mount.. http://executivesuite.blogs.nytimes.com/2009/10/27... Goldman bonuses ...

    1 comment - 0 silver bananas - Oct 27 2009 - 3:21pm -

  55. AP Reporter

    Hello, I am a reporter with the Associated Press writing a story about plummeting state tax collections. A key aspect of the story revolves around the steep decline in income tax revenue due to reduced and eliminated Wall Street bonuses (just yesterday, t ...

    1 comment - 0 silver bananas - Jan 29 2009 - 8:49am -

  56. another good article by a compensation consultancy

    http://www.bloomberg.com/apps/news?pid=20601087&si... bonuses ...

    1 comment - 0 silver bananas - Nov 6 2008 - 7:21am -