To be fair, it’s more than what I was drawing. Just surprised that it didn’t square with the offers/ amounts I saw in this thread, esp for one with 7-ish years experience.

7yoe should be 2nd or 3rd year VP what. Are you mid career switch to banking?

Nah 7 years junior VP is average.

These days WM/ PB folks getting fast track VP in 5-6 years already

Those are top performers and probably due to lack of headcount (a lot of analysts/associates are leaving due to bottom-heavy crazy workload in US banks > have to entice them to stay). Coupled with the fact that the WM space is growing too.

CS bonuses cut based on news release

How is the outlook for DCM team?

DCM should be doing well given Low rates, many companies would probably come to market and thus should see healthy deal flow

Does anyone know how salaries compare between S&T and IBD in Singapore? And how do the salary ratios change as you get more senior? Thanks!

The base salaries are the same at each rank but bonus are more variable depending on individual and group performance. But when you are making 1m+ why would you care about +/- 50k?

Rather just go with what you like so you don't end up being miserable doing something you don't enjoy. There are people in trading who don't like the intensity and in IB who don't like the long hours.

The big money will come to you whether you do s&t or IB, just go with what you like.