Corporate Banking 2023 Bonus Megathread
It’s been a year of hard work and it’s time to reap what you’ve sowed. Suppose I’ll have my comp talk in the following days and I’ll report back my actual figures. Curious to see how things are across the street. Let’s get it going.
Bank (Name / BB etc)
Housed under CIB (Y / N)
Region (NA / EMEA / APAC)
TC (Based & Bonus)
Title (AN1 / ASO1 / VP1)
Based on the most helpful WSO content, it seems like you're looking to start a discussion about the 2023 Corporate Banking bonuses. That's a great initiative! It's always interesting to see how compensation varies across different banks and regions.
Here's a suggested format for your post:
This format should provide a comprehensive overview of the compensation structure across different banks and positions. Looking forward to hearing about your comp talk!
Sources: 2021 Bonus Megathread, 2023 Corporate Banking Bonus Thread, 2021 Corporate Banking Comp/Bonus Thread, 2021 Bonus Megathread, 2022 Bonus Megathread (IB Only)
Following
Bump
VP2
CIB
$190k Base
$195k Bonus
At a Citi/Bofa/JPM ?
Canadian Bank
Congrats on a great year!
Thank you !!!!
calling troll - nobody in corporate banking gets > 100% bonus, let alone at a Canadian bank in Canada - typical at VP is like a bonus of 40-50% of a base of around 175-200
Could be a C5 in New York lol
Do whatever you'd like analyst, but these were my numbers. Every bank is not the same. This is a Canadian bank but I work in the US, and US pay is higher.
OP here, had my performance review today and was top-bucket. Bonus isn’t officially announced until January tho..
Bump
I guess nobody got bonus' lol.
Think most banks announce in January..
Bump. More Canadian bankers need to comment in here since they've been paid out.
US BB APAC office still has not announced, will happen this month though
VP1
100% bonus
$350k+ all in
Killer year!
VP 1
$306k All-In
Confirmed: US BB APAC office announcing next Wednesday, January 17
Bump
Any numbers for BofA/Citi/JPM?
Yup, at one of these firms, feel free to DM
Firm: JPM/BofA/Citi
Housed under CIB: Y
Region: APAC regional office
TC: USD 100k, with bonus being ~2-3 months of base salary (don't think APAC is getting global pay as cost of living is probably adjusted)
Title: AN1
Wish this thread wasn't so quiet but I'll chip in.
Bank (Super Regional)
Region (NA/South)
TC ($254k; $185k base/$69k bonus)
Title (VP2)
Bonus is down from $100k last year (expected; thought it'd be a drop but not quite this substantial). Base remaining the same at $185k which is probably the most irritating part to me. Top bucket.
YOE?
6 going on 7
What sort of hours do you guys work. Late nights or weekends in memos?
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