20 May, 2016
Remuneration packages vary massively between different institutions. Analysis from Emolument uncovers which banks offer the best packages.
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How much could you earn working for a rival?
Everyone knows that banking is a lucrative career, but the average salaries for both senior and junior staff can vary enormously between different institutions.
Emolument has analysed the remuneration structure of 1,433 managing directors and associates in London, to find out how they compare.
Click through to find out the 10 best paying banks in the UK.
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10. Jefferies
MD salary: £252,000
MD bonus: £221,000
MD total: £473,000
Associate salary: £65,000
Associate bonus: £11,000
Associate total: £76,000
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9. HSBC
MD salary: £255,080
MD bonus: £282,500
MD total: £537,580
Associate salary: £75,000
Associate bonus: £30,000
Associate total: £105,000
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8. Nomura
MD salary: £300,000
MD bonus: £260,000
MD total: £560,000
Associate salary: £80,000
Associate bonus: £30,000
Associate total: £110,000
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7. Bank of America
MD salary: £275,000
MD bonus: £325,000
MD total: £600,000
Associate salary: £90,000
Associate bonus: £35,000
Associate total: £125,000
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6. Citigroup
MD salary: £300,000
MD bonus: £326,375
MD total: £626,375
Associate salary: £85,000
Associate bonus: £32,500
Associate total: £117,500
