A breakdown of 2010 analyst compensation, bank by bank

6 September 2010

2 minute read

A breakdown of 2010 analyst compensation, bank by bank

Recruitment firm The Cornell Partnership has helpfully assembled some figures on average compensation for M&A analysts in 2010. Even better, the assembled figures show how analysts are generally paid on a bank by bank basis.

The conclusion? They best payers are typically Deutsche, Credit Suisse and Citi. The worst are consistently Morgan Stanley and BoA Merrill Lynch.

Analyst 1

Deutsche: Mean bonus - 31.5k. Total comp - 76.5.

Credit Suisse: Mean bonus - 30k. Total comp - 75k.

Citi: Mean bonus - 26k Total comp - 71k.

UBS: Mean bonus - 25k. Total comp - 70k.

JPMorgan: Mean bonus - 26k. Total comp - 68k.

BAML: Mean bonus - 23k. Total comp - 68k.

Morgan Stanley: Mean bonus - 25k. Total comp - 67k.

Analyst 2

JPMorgan: Mean bonus - 40k. Total comp - 90k.

Credit Suisse: Mean bonus - 36k. Total comp - 88k.

Citi: Mean bonus - 38k. Total comp - 88k.

Deutsche: Mean bonus - 37k. Total comp - 87k.

UBS: Mean bonus - 37k. Total comp - 87k.

Morgan Stanley: Mean bonus - 36k. Total comp - 86k.

BAML: Mean bonus - 36k. Total comp - 86k.

Analyst 3

Deutsche: Mean bonus - 57.5k. Total comp - 112.5k.

Credit Suisse: Mean bonus - 56k. Total comp - 111k.

Citi: Mean bonus - 55k. Total comp - 110k.

JPMorgan: Mean bonus - 50k. Total comp - 107k.

UBS: Mean bonus - 48k. Total comp - 106k.

Morgan Stanley: Mean bonus - 46k. Total comp - 103k.

BAML: Mean bonus - 46k. Total comp - 101k.

AUTHORSarah Butcher

Global Editor

Ma
MadHabber
10 December 2010
Yikes...thanks to the FX nowadays, working for a Canadian bank is more lucrative...
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Sa
Sarah, Editor, eFinancialCaree
8 September 2010
@ nothing - apparently RBS numbers are roughly in line with those above.
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Sa
Sarah, Editor, eFinancialCaree
8 September 2010
@Student - it's just M&A, @ French - je ne suis pas certaine, @ Nothing - no, but I'm looking into it.
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th
the_capitalist
8 September 2010
Barclays is right between Citi and UBS in the Analyst 1 bracket.
These comp numbers should not and likely do not include sign-on. Unless you switch banks you wouldn't receive a sign-on for Analyst 2 onwards.
Reply
St
Student
8 September 2010
Sarah is this for M&A only or does it include DCM, ECM and Acquisition Finance as well?
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