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.
|
LOL you are so completely off base.
A MD in a local bank heading all of wholesale banking will be reporting directly to the CEO. We know from newspaper that the 3 local banking CEOs are paid $9-10 million. And you are saying a MD 1 level below is paid only 15% above 350k i.e. $400k?
It is so obvious you don't even have a clue what you are talking about here.