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Associates : which are the best paying banks in 2015 ?

We have analysed 2015 salary data from 493 associates working in London Investment banks front office.

Bank

Average salary

Average bonus

Total

JP Morgan

94,000

61,500

155,500

Morgan Stanley

89,000

60,000

149,000

Goldman Sachs

85,500

57,500

143,000

UBS

83,000

60,000

143,000

Credit Suisse

95,000

31,000

126,000

Deutsche Bank

82,000

42,000

124,000

Citigroup

87,000

30,000

117,000

HSBC

80,000

37,000

117,000

Barclays

79,000

34,000

113,000

BNP Paribas

76,000

29,000

105,000

 

Not much of a surprise! As often, American banks top the chart, with salaries and bonuses above average, JP Morgan leading the way.

Large bonuses deeply engrained in US pay culture: Continental banks rarely pay bonuses above 30k with UBS standing out with bonus payments overtaking Goldmans'.

Chicken and egg... To a large extent pay league tables reflect business performance league tables. Do banks pay well because they outperform and can afford it, or do they outperform because they pay well and therefore attract top talent?


 

Emolument provides bonus and salary statistics based on data submitted directly by professionals like you. It is free, anonymous, and already a trusted tool for thousands of professionals worldwide. Are you paid enough? Click here to find out now.


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