most realistic numbers so far ive seen.
these are base salaries that take in foreign large and mid size banks and I believe local banks will take have to discount off probably 10% (to be conservative). while local banks, for the most part in FO should be raking in 4-6months bonus. and there you go, if you want to calculate the gross annual salary.

def not the sky high perverse claims like AVP or junior VP getting 350k / year.


Corporate finance, M&A, ECM, DCM

China: Director £122,000 – £203,000. Managing director £182,000+
Hong Kong: Director £126,000 – £158,000. Managing director £158,000+
Japan: Director £117,000 – £176,000. Managing director £176,000+
Singapore: Director £106,000 – £168,000. Managing director £168,000+

Global markets

China: Senior trader £80,000 – £151,000. Desk head £151,000+
Hong Kong: Senior trader £94,000 – £196,000. Desk head £196,000+
Japan: Senior trader £116,000 – £175,000. Desk head £175,000-£233,000
Singapore: Senior trader £84,000 – £119,000. Desk head £119,000+

Corporate banking

China: Team head £60,000 – £91,000. Department head £91,000 – £151,000
Hong Kong: Team head £71,000 – £102,000. Department head £102,000+
Japan: Team head £105,000 – £128,000.Department head £128,000+
Singapore: Team head £97,000 – £120,000. Department head £120,000 +

Commercial banking

China: Team head £48,000 – £60,000. Department head £60,000 – £100,000 +
Hong Kong: Team head £55,000 – £78,000. Department head £78,000+
Japan: Team head £87,000 – £116,000. Department head £116,000+
Singapore: Team head £97,000 – £120,000. Department head £120,000 +

Private equity

China: Director £152,000 – £253,000. Managing director, £182,000+
Hong Kong: Director £110,000 – £174,000. Managing director, £174,000+
Japan: Director £117,000 – £176,000. Managing director, £176,000+
Singapore: Director £86,000 – £120,000. Managing director, £120,000+

Asset management

China: Fund manager £60,000 – £101,000. Chief fund manager, £101,000+
Hong Kong: Fund manager £81,000 – £111,000. Chief fund manager, £111,000 – £166,000
Japan: Fund manager £59,000 – £106,000. Chief fund manager, £106,000 – £147,000
Singapore: Fund manager £72,000 – £84,000. Chief fund manager, £84,000 – £120,000

Hedge fund

China: Assistant fund manager £65,000 – £91,000. Fund manager £101,000+
Hong Kong: Assistant fund manager £94,000 – £118,000. Fund manager £118,000 – £235,000
Japan: Assistant fund manager £58,000 – £87,000. Fund manager £117,000+
Singapore: Assistant fund manager £86,000 – £120,000. Fund manager £120,000+