Investment Banking
Compensation Survey

Salary and bonus trends from the world’s largest banks

Using compensation data from over 250 bankers across London’s bulge bracket institutions, this report is the definitive benchmark for professionals navigating a shifting financial industry.

After two years of stagnation and cost-cutting, compensation is finally moving again - and in some cases, surging. With capital markets stabilising and deal activity rebounding, banks are cautiously optimistic, and that optimism is being reflected in the numbers.

Our latest Investment Banking Compensation Survey offers a unique and detailed snapshot of salary and bonus trends. With data points covering every level from Analyst to VP3, this report helps professionals to benchmark themselves - and their teams - accurately.

Key market
insights

The real
compensation picture

See precise breakdowns of salary and bonus at every level from Analyst 3 to VP3.

Who’s leading the
pay rebound

Learn which firms are pushing aggressive bonus strategies, where base pay is surging, and where performance-based differentiation is tightening.

Bonus structures
are shifting in a
volatile market

At some banks, bonuses are exceeding 120% at the most senior level. Gain insight into how the salary-to-bonus ratio plays out across different roles and firms.

What your
competitors are doing
with compensation

If you’re hiring or retaining talent, you need to know where the market is going, not where it was two years ago. This report gives you forward-looking clues based on real-time changes.

Hiring, retention, and
deal activity

Go beyond pay and get a sense of the wider strategic environment: how comp is being used to hold onto talent, how deal pipelines are shaping pay decisions, and where selective hiring is quietly starting again.

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