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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