Quote:
Originally Posted by Unregistered
A couple of points:-
1) European Banks usually use Associate Director designation instead of VP designation, except for local positions, which will not pay global scales (hence $17k p.m. is not possible, even for VP positions,possibility.
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2 points regarding the above analysis...Deutsche Bank is European and it uses AVP, VP designations..secondly, if one starts off in the MA/Grad program in IB front office, he already make 100k p.a or more as an associate...so saying that making 17k/mth as an AVP is only possible with at least 12 mths bonuses is not definite. However I do agree it's on the high side for an AVP..but in IB/fund management, we never know!!