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Old 03-06-2021, 09:56 PM
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Originally Posted by Unregistered View Post
5 coming 6 YOE. Comp is slightly >100k, excluding bonuses. The narrowest definition of BB usually refers to GS/JPM/MS because of their investment banking capabilities, and I am working/have worked at some of these.

GS has 2 offices: One Raffles Link and Mapletree Anson (both in CBD)
JPM has 2 offices: Capital Towers (CBD) and One@Changi (Changi Business Park)
MS has 1 office: Capital Square (CBD)

Agree, *only a small handful* MOs sit with the desk, not all. Reason being, the trading desks in Singapore are way smaller compared to that in HK (In all 3 banks, their APAC headquarters is HK, and not Singapore). Hence we are in a situation where most of the FO are in HK, yet most of the MO/BO are in SG.

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Just a funfact: trading desk risk can be both an FO or MO/BO function (ie they get FO pay or BO/MO pay respectively). And as previously mentioned, trade support need not sit with the sales/traders to do their jobs, and banks realize this. In large investment banks with many product offerings, it makes more sense to put 2 different trading desks together rather than an FO+MO combination. Reason being, their trading business is so mature, such that 1 good way of capturing more revenues from existing clients, is to offer cross-asset/product solutions (hence need for multiple desks working together)
That’s not bad at all. Are you verging on VP? Am curious to know the average bonuses at some of these BBs as well if you don’t mind sharing!
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