Banks' Pay and Bonuses

#**481** (**permalink**) 10-02-2022, 09:24 PM

Quote:

Originally Posted by Unregistered

How is the latest round of increment and bonus for Credit Suisse? Read some news about the bonus figures from efinancialcareers.

Interested to know this as well...

#**482** (**permalink**) 10-02-2022, 09:50 PM

Quote:

Originally Posted by Unregistered

How is the latest round of increment and bonus for Credit Suisse? Read some news about the bonus figures from efinancialcareers.

Read that the bonus cuts didn’t affect Singapore too much. So bonus and increment should still be good.

#**483** (**permalink**) 11-02-2022, 12:11 AM

Quote:

Originally Posted by Unregistered

approx 5k. for RM

5k for 6 yrs exp is pathetic. how much is their bonus?

#**484** (**permalink**) 11-02-2022, 01:14 AM

What’s the bonus for Nomura?

#**485** (**permalink**) 11-02-2022, 10:26 AM

Quote:

Originally Posted by Unregistered

Read that the bonus cuts didn’t affect Singapore too much. So bonus and increment should still be good.

Can confirm. Source: an employee in Cs.

#**486** (**permalink**) 11-02-2022, 11:33 AM

Quote:

Originally Posted by Unregistered

Can confirm. Source: an employee in Cs.

How good is good?

#**487** (**permalink**) 11-02-2022, 12:24 PM

Quote:

Originally Posted by Unregistered

How good is good?

Comparable to competitors but not sure if it's the same across fo, mo, bo. I know from the news it seems really bad but definitely not equal across the globe.

#**488** (**permalink**) 11-02-2022, 02:21 PM

Quote:

Originally Posted by Unregistered

How good is good?

it's good but not good good

#**489** (**permalink**) 12-02-2022, 12:35 PM

Quote:

Originally Posted by Unregistered

in my honest opinion, VP (lvl where most ppl will be stuck at) FO vs MO has no “class” difference - meaning as a VP FO, you can afford nicer cars, a bigger home and a better location, go on more overseas trips and entrance to private clubs

But, but, as a MO u can provide the same house, car and travelling for your family too, tho with a compromise on the brand/locations , with more WLB and time with your loved ones

Don’t believe in ppl laughing at u for being middle or non-BB front or whatever, sh*t ppl would always find something to laugh at others . Instead ask yourself, what is the life u really want and how much u need to earn to live that life. If a MO role is enuf , why torture yourself with a 16hour day like this post said

You are talking about IB. In sales and trading, we make a lot ... And we go home once market closes....

#**490** (**permalink**) 12-02-2022, 02:44 PM

Quote:

Originally Posted by Unregistered

You are talking about IB. In sales and trading, we make a lot ... And we go home once market closes....

You are definitely not in S&T. Let me break down hours in Markets: in at 8am for meetings/market updates -> Asia markets desks typically self declare close at ~6pm (if you don’t already know, they don’t follow exchanges as most if not all are OTC trades) > wrap up admin stuff (trades for tomorrow, prospecting/BD, tickets not booked yet/trades not accepted yet, trades/tickets coming in from EMEA etc -> anything pending/failing to follow up on? -> any client/regional meetings or dinners?

Typically 8am-7pm spent in the office assuming it’s a smooth day/no client meetings -> go home do ~1 hour of admin (finally replying to emails, review and give approvals for any charges/amendments etc, monitoring markets for tmr, creating new trading models etc), weekends continue with admin for about 4 hrs.

Disclaimer: Typical day for S&T in BB