Salary.sg Forums - View Single Post - Banks' Pay and Bonuses
View Single Post
  #46 (permalink)  
Old 05-05-2015, 07:16 AM
Unregistered
Guest
 
Posts: n/a
Default

Not sure about Singapore, but I'm a first year analyst at a BB in London, getting £50,000 as base and bonus depends really on your performance, we don't go by months, but rather as a percentage of your p&l. My desk does fixed income quant strategies, bonus can be pretty substantial, more than your base at times, but the EU is introducing a bonus cap and a 50% tax on bonuses above £25,000. So in the end, we probably end up earning lesser take home pay Anyone has any advice if Singapore has any well known quant shops to move to? I know jump trading and Hudson River have a presence here.
Reply With Quote