London IBD Intern Pay
London Intern Pay 2022
JPM - £57.5k
GS - £47k
Centerview - £65k
Bain Capital Credit - £75k
Blackstone - £80k
Citi - £60k
DB - £59k
MS - £70k
Mizuho - £45k
CS - £45k
Jef - £70k
BofA - £65k
London Intern Pay 2022
JPM - £57.5k
GS - £47k
Centerview - £65k
Bain Capital Credit - £75k
Blackstone - £80k
Citi - £60k
DB - £59k
MS - £70k
Mizuho - £45k
CS - £45k
Jef - £70k
BofA - £65k
+199 | 2nd casualty of BofA, 25 yo credit trader | 64 | 1h | |
+174 | Associates not checking my work and getting mad at me? | 35 | 7h | |
Am I insane? (NEED ADVICE) | 62 | 3h | ||
+94 | How Much Parental Assistance Do People Actually Have? | 33 | 9h | |
+84 | the new "email template" | 27 | 12h | |
+81 | Is it appropriate to take time off after a breakup? | 22 | 1h | |
+61 | Analysts bitching on WSO | 13 | 5m | |
+58 | Fitness vs Traditional Watches (in Office) | 40 | 38m | |
+57 | Why are UK, UK based and UK-countries related (India, Nigeria...) students so cringe on LinkedIn? | 22 | 29s | |
+51 | How is Northwestern? | 15 | 20h |
Career Resources
2022 SAs at most banks are coming in on the new salaries (57-70k depending on where you are.)
No idea for off cycles.
which banks are paying what?
Do interns usually get paid monthly or weekly? And what about the holiday entitlement, is that paid after the 8-10 weeks?
Monthly like all other employees.
Holidays if unused, will be turned into salary on the last paycheck
Daily + 50% bonus
Depends on the bank. Some BBs paying old base and some paying new.
the BBs? do you know who pays what
MS and JP raised. Bofa and UBS did not. I don't think GS did either
Incoming SA LDN at balance sheet bank. Getting ~50k GBP pro-rata
youre anon my friend, you might as well say the bank...im guessing citi?
Citi is a BB. He probably means HSBC.
deleted
Incoming SA DCM at a tier 2 Balance sheet bank at £45k pro-rata, no relocation.
.
A few data point from my friends for this summer:
JPM - £57.5k
GS - £47k
Centerview - £65k
Bain Capital Credit - £75k
Blackstone - £80k
Citi - £60k
DB - £59k
MS - £70k
legend!
JEFF - £70k
CS - £60k
Nomura 60k + 1K relocation
Many banks have only just officially raised bases (even if they were announced much earlier). Intern contracts will likely be updated to reflect the new bases when HR has time, it's not an urgent matter.
BOFA- £65k
£45K Mizuho - no news about any raise so far.
Ft Partners at 75k
CS - £60k + £1k relocation
Barcap - £65k + £2k sign
deleted
That would imply £690k full year comp for a first year analyst lmao. No, these numbers are full year, so you’d get pro-rata for the internship.
Sometimes critical thinking should be used before asking questions.
Interned at a MM HF - was paid £85k
why are europoors paid poverty wages
Ea aut aut quia qui nobis omnis. Blanditiis animi aut molestiae dolores. Nihil maxime doloribus voluptas qui.
Et quo possimus aliquid dolor numquam. Eaque suscipit eum eveniet repudiandae nihil beatae. Aspernatur qui unde beatae facere ea sed. Labore soluta assumenda sed quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sed occaecati laboriosam doloremque sit porro. Nam aut saepe sed eveniet dolor nobis aut. Facere cupiditate aperiam iure et deleniti est molestias. Porro perspiciatis velit et eum blanditiis.
Voluptatem ut quia rem perferendis dignissimos vitae et. Architecto non ab dolorum saepe. Consequatur ipsam molestiae quas aperiam tempore perferendis quia. Vitae at modi illo. Labore incidunt numquam eius laudantium dignissimos. Nemo quos blanditiis autem amet.
Earum qui odio ipsam et. Tempore officia impedit eligendi doloribus qui laborum optio quibusdam. Ab enim voluptatem minima consequatur. Deleniti quo et odit facilis qui deserunt. Rerum nisi est rerum occaecati officiis ipsum rerum.
Quis vitae cum modi placeat. Culpa sequi animi molestias ad. Laboriosam perferendis ab quis dolor aut.