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Anyone in commodities?
HSBC announced no bonuses for 2020
Who here made it from valuations to trading?
If any of you are interested in macro, I’ve started a newsletter recently. I publish one article per week and do weekly selection of resources (podcasts, report, video…).
It’s free you just have to subscribe here
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SUP FAM LETS MOVE SIZE
Analyst 95 + bonus (depends on many things, avg 20%)
Any S&T is bonus is super variable. An associate who is running their own book with PnL will get multiple times base as bonus, whereas an analyst/associate still doing basic tasks and no revenue generation could only get maybe 30-50%
This is for sales and trading FI
Analyst year .5 (it’s is weird bc Canadian banks have different calendar year end is in October so this is from July to October right out of school) now 110k base (mine was 85k) + 10-15k stub bonus + 10-15k signing bonus
Analyst year 1 October to October 110k base + 35-60k bonus (heard a range but think 50-55k is where it is mostly for high performers adding 60k as an included one but no one that I knew got that)
Analyst year 2 120k base…. Not sure bonus thinking ~60-90k
Associate 1 135k base not sure of bonus
VP 200k base?
Sales^