Investment bank trader salary
Having said all this, investment banks’ sales and trading staff are still paid very well. Associates in equity cash sales and trading jobs can earn up to $200-250k, according to figures provided Let's say a top investment banking analyst at a bulge bracket investment bank works on average 80 hours/week over 52 weeks and is paid $130,000 all-in. This would imply an hourly wage of $31.25. Using those numbers as a rough guideline, the typical junior investment banker makes between $25 - $35 per hour (pre-tax). Reported salaries are highest at Bank of America Corp. (BOFA) where the average pay is $100,000. Other companies that offer high salaries for this role include Morgan Stanley and The Goldman Sachs