Skip to main content

nvestment Banking Bonus For 2007

This was taken from as I thought the table yielded a number of interesting conclusions. Its only mid-year and already people are speculating on the bonus pool. Mind you these are basically people with less than 5 years work experience (but may have a MBA already). To me the amounts are in line with a financial center investment banking bonus scheme. Though some indicated that the actual payments may be lower at the end of the year as second half activity could be flat.

Other interesting things that can be gleaned from the table are which firms were considered as Tier 1, and which were considered to be Tier 4. Goldman always tops the league as it rewards their staff aggressively. Merrill has to do the same to save from losing performers to Goldman, and also as a hiring strategy for new recruits to show that it is on par with Goldman. Lehman also pays well but for different reasons, it tries to project it is in the top tier when it is not.

Tier 2 tends to include the bigger bank based firms, or where banking forms a bigger slice of revenue contribution. In that sense investment banking business is not as critical to bottom line. Tier 3 consist of firms on their way down, or on their way up. On their way down: JP Morgan, Morgan Stanley and Bear Stearns. On their way up: Wachovia.

Tier 4 generally pays the least in investment banking bonuses. No surprise that financial juggernaut UBS is there. UBS will always remind you that people do business with UBS because it is UBS not because of the employees. UBS will always remind you that the firm is bigger than the sum of all employees.


Popular posts from this blog

My Master, A National Treasure

REPOST:  Its been more than two years since I posted on my sifu. This is probably the most significant posting I had done thus far that does not involve business or politics. My circle of close friends and business colleagues have benefited significantly from his treatment.

My Master, Dr. Law Chin Han (from my iPhone)

Where shall I start? OK, just based on real life experiences of those who are close to me. The entire Tong family (Bukit Kiara Properties) absolutely swear that he is the master of masters when it comes to acupuncture (and dentistry as well). To me, you can probably find many great dentists, but to find a real Master in acupuncture, thats a whole different ballgame.

I am not big aficionado of Chinese medicine or acupuncture initially. I guess you have to go through the whole shebang to appreciate the real life changing effects from a master.

My business partner and very close friend went to him after 15 years of persistent gout problem, he will get his heavy attacks at least…

PUC - An Assessment

PUC has tried to reinvent itself following the untimely passing of its founder last year. His younger brother, who was highly successful in his own right, was running Pictureworks in a number of countries in Asia.

The Shares Price Rise & Possible Catalysts

Share price has broken its all time high comfortably. The rise has been steady and not at all volatile, accompanied by steady volume, which would indicate longer term investors and some funds already accumulating nd not selling back to the market.

Potential Catalyst #1

The just launched Presto app. Tried it and went to the briefing. Its a game changer for PUC for sure. They have already indicated that the e-wallet will be launched only in 1Q2018. Now what is Presto, why Presto. Its very much like Lazada or eBay or Alibaba. Lazada is a platform for retailers to sell, full stop. eBay is more for the personal one man operations. Alibaba is more for wholesalers and distributors.

Presto links retailers/f&b/services originators with en…

How Long Will The Bull Lasts For Malaysia

Are we in a bull run? Of course we are. Not to labour the point but I highlighted the start of the bull run back in January this year... and got a lot of naysayers but never mind:

p/s: needless to say, this is Jing Tian ... beautiful face and a certain kind of freshness in her looks and acting career thus far

I would like to extend my prediction that the bull run for Bursa stocks should continue to run well till the end of the year. What we are seeing for the past 3 weeks was a general lull where volume suddenly shrunk but the general trend is still intact. My reasons for saying so:

a) the overall equity markets globally will be supported by a benign recovery complemented by a timid approach to raising rates by most central banks

b) thanks to a drastic bear run for most commodities, and to a lesser extent some oil & gas players, the undertone for "cost of materials" have been weak and has pr…