{ "media_type": "text", "post_content": "How's HSBC IBD in NY? Deal flow? Base and bonus? I know they do DCM a lot but smaller sized, and good footprint in Asia Pacific, but what about in US? Is their comp structure street? Associate level?", "post_id": "570b6556f7c4e81300b82333", "reply_count": 6, "vote_count": 1, "bowl_id": "553769a790f5eebe1d2a0f92", "bowl_name": "Finance", "feed_type": "crowd" }
null

How's HSBC IBD in NY? Deal flow? Base and bonus? I know they do DCM a lot but smaller sized, and good footprint in Asia Pacific, but what about in US? Is their comp structure street? Associate level?

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Lol. Care to lead with one question? ... It's healthy, I'd say 5-10% off base/bonus of tier 1 banks. Still competitive.

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I heard first yr associates get 25 less on base and good bonus is like 50% of base. HSBC pays lower than street.

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Work life balance depends on group.

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Lol, touché! Thought of just one question but just flew off with it! 5-10% lower than other majors doesn't sound too bad. What would you say about the mandates? Is it really more DCM or do you see a good mix of M&A, ECM, etc as well?

So AO-0 Associates are looking at $100 base with potential for 50k bonus! And AO-1 are looking at ~120k? That's about the same as third year base at other banks. How are they able to attract talent at these levels? Do you see diff in quality of people at HSBC vs other banks?

First of all did you even get an offer yet? Hsbc has a lot of good talent. Third year analysts get 95 base at BB's, other feel free to confirm. Hsbc analysts are on the same base pay as BB. Associates start at 125 so its 25 less than 150 at BB and bonuses aren't as heavy as BB because we don't lead too many deals. We are still growing our US franchise. Are you even front office? What bank do you work for? Please get your numbers right. @avpop

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