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  #158 (permalink)  
Old 09-05-2016, 02:36 PM
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those of you guys with huge increment in banks....please do not mislead ppl...

there maybe true 2 - 3 years ago but certainly not true in 2014/2015 and certainly NOT this year 2016.

The entire banking industry is tightening their belts now....regardless of the size of the banks (If you haven't heard, Barcaps, DB, ABN-AMRO, ML, JP Morgan, Morgan Stanley, ICBC, Credit Suisse, BNP Paribas are all offloading their staff headcount) and many of these international banks are NOT going to give you big bonuses this year and next...regardless of your job performance (Unless you are a trader/broker that brought in a 10mil deal or a C level executive)......DB in particular is in quite a dire state if you are aware of the news.

if u want to got into banking and expecting a bigger bonuses and pay increment, DBS may be so far the 'safer' route...

stop shooting high % numbers and spreading this misinformation about banking pay increments.

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