Quote:
Originally Posted by Unregistered
I heard DBS FO only 5k+ base pay. A far cry from the base pay of 9k+ in bulge brackets.
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This is a very broad statement. Many BBs pay >9k for IB and S&T, but there are global banks paying less than that too for those roles. You might expect banks like SCB and BNP (non-BB global banks) to pay better than local banks but nope.
And the rest of the FOs, like AM, WM, TB, no BBs pay 9k and above for fresh entries in these functions.
So really, you can't be applying to let's say consumer banking in DBS and then benchmarking your pay against
IBD in Goldman. FO is so broad to begin with.