Associate in DBS

Originally Posted by Unregistered

I meant their investment banking arm is not as established. Go take a look at OCBC's pay for their IB ppl. Similar to DBS where its lower than the other arms say corporate finance. For local banks its generally like this, but its the opposite for foreign banks

Not established does not mean it can uderpay the market by 60-70%. I can believe it is a little lower say 6-7k, but no way anyone would join a IB FO work crazy hours for 3.5k.

DBS might not have a strong brand name like the few international banks, but neither is it some mom & pop shop pte ltd that pay can go so low for a IB FO. My fresh grad cousin just joined Hong Leong Finance as BO business planning is already 3.1k.

Are you very sure you are not confusing some other jobs with investment banker?

Hi

If you can get in as associate in DBS is good, because I poured my heart out and applied several times and I couldn't get in.

Originally Posted by Unregistered

Not established does not mean it can uderpay the market by 60-70%. I can believe it is a little lower say 6-7k, but no way anyone would join a IB FO work crazy hours for 3.5k.

DBS might not have a strong brand name like the few international banks, but neither is it some mom & pop shop pte ltd that pay can go so low for a IB FO. My fresh grad cousin just joined Hong Leong Finance as BO business planning is already 3.1k.

Are you very sure you are not confusing some other jobs with investment banker?

Tell u what, why dun u go check it up? Don't be confused with bulge bracket IB jobs which pays upwards of 10k alright? Im not ********ting over here

Originally Posted by Unregistered

Not established does not mean it can uderpay the market by 60-70%. I can believe it is a little lower say 6-7k, but no way anyone would join a IB FO work crazy hours for 3.5k.

DBS might not have a strong brand name like the few international banks, but neither is it some mom & pop shop pte ltd that pay can go so low for a IB FO. My fresh grad cousin just joined Hong Leong Finance as BO business planning is already 3.1k.

Are you very sure you are not confusing some other jobs with investment banker?

you dont know what you are talking. i work in dbs and can confirm tha investment bankers in dbs are only paid 3 - 3.5k. this is very normal. uob & ocbc pay even lower at 3k only.

eee pay like ****.. luckily i didnt get in. i got in another US MNC instead.

Originally Posted by Unregistered

you dont know what you are talking. i work in dbs and can confirm tha investment bankers in dbs are only paid 3 - 3.5k. this is very normal. uob & ocbc pay even lower at 3k only.

You're confusing Sakae Sushi with investment banking.

I can confirm the S$3.5k DBS investment banker entry pay.

Originally Posted by Unregistered

You're confusing Sakae Sushi with investment banking.

Citi corporate banking:

SMU fresh grad into front office paid S$3k starting pay.
Two NTU grads taken under the MAS Banking Trainee program at S$2k. After program converted to $3k
1 SMU grad with good honors taken in at S$3k starting pay. After conversion drew $3.5k.

DBS corp banking FO starting pay for fresh grad S$3k is not rubbish.

DBS corp fin S$3.5k starting pay is a joke but again not rubbish.

Originally Posted by Unregistered

Corp banking FO 3k, IB FO 3.5k... what rubbish

LOL suddenly mad rush of poster one after another to "confirm" that investment banker are paid 3k...

Sakae Sushi pays its dishwashers better.