Quote:
Originally Posted by Unregistered
to add on further, 350K per year is most likely a local bank MD, head of Corporate banking pay. and roughly 15% more for a MD heading entire wholesale banking (corporate, investment banking, global markets all in).
good years i would guess MD for wholesale banking can roughly rake in half a million per year. however, we have not experience the true headwinds about to come for the banking industry just yet.
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This sounds alot more plausible and realistic. There are so few MDs and the next level down ED aren't too many either so possibly 250-350k ish. The rest like FVP SVP and the tons of VPs are likely 250k and less.