When Palantir went public in 2020, many were eager to see more light shed on the elusive data company. However, since the launch, the price peaked and troughed for a few years before massively falling at the start of 2022 […]
Tag: Salary
“Some traders in banks have made $100m in profits this year”
While the financial services job market is mostly looking pretty lacklustre at this advanced stage of the year, it’s not all decrepitude. Some corners of the market are still pretty wild. Rates desks in particular have had an epic run […]
23 year-old Goldman Sachs bankers on $200k quit prematurely
With end of summer vibes circulating after the long weekend in London and ahead of Labor Day in the US, there’s restlessness in investment banks. Private equity firms are said to be interviewing new analysts who’ve barely hit the desks and analysts […]
“I never tell my friends and family how much I earn in finance”
I’m a portfolio manager with a long only investment fund. My parents are first generation immigrants to the UK. My father worked in a factory; my mother was a housewife. No one in my family went to university, nor did […]
How Bank of America became the best paying bank for juniors
As analysts in investment banks are informed of their bonuses this summer, there is more than a small degree of disgruntlement. Revenues in M&A divisions held up better in the first half of this year than revenues in capital markets, […]
This is how your pay should progress as a banker in your 20s and 30s
Pay progression in banking is a hot topic. Wall Street Oasis has a thread where financiers humble brag or complain about their full-year earnings since graduating college. There are those who’ve hit the million-dollar mark in investment banking just eleven […]
JPMorgan’s developers would now like another pay rise
As pressure for salary increases rises in conjunction with inflation, one cluster of banking employees is shaking the stick for another pay rise with more rambunctiousness than the rest: mid-ranking developers at JPMorgan think they’re due a little extra. “We […]
Goldman Sachs’ account of how 22 year-olds earn $180k a year
You might have thought that Goldman Sachs would be a bit sick of the idea of a presentation detailing the amount of work that junior bankers do. After all, it was one such presentation last year, compiled by a group […]
Some Goldman Sachs VPs now paid $1m
How much do you earn as a vice president at Goldman Sachs? According to last year’s salary and bonus survey from recruitment firm Arkesden Partners, the going rate for VPs in London was between £248k and £315k ($338k to $429k) in total […]
The only jobs where women in banking earn more than men
If you’re a woman in banking, you may easily out-earn a man – but only if you work in some of the lowest paid areas of the industry. Results to the eFinancialCareers compensation (salary and bonus) survey, suggest that women are paid […]