Quote:
Originally Posted by Unregistered
I heard for a swiss private bank in Singapore the private bankers average around mid to later 30s.
They have a base salary of $200K to $250K per annum, inclusive of bonuses this usually amounts to $500-$600k per annum on average. Those who can fully hit their annual targets draw a total of about S$1 mil.
Their assistant private bankers who do all the admin work and accounts operations for them draw about $100k per annum with bonuses around 4-6 months depending on the private banker they are under. They have no career progression to private banker tho.
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Wow, from $300k for 30 to 35 years old to S$600k on average in later 30s, nice 100% jump! Aren't bank bonuses being curbed?!?!?