Discover your dream Career
For Recruiters

London banking salaries: analysts, associates, VPs

What's the going rate in terms of salary for junior bankers in the City of London now? 

For anyone who has lost track of current base pay in London for juniors, we have the chart below, based mostly on pay data from recruitment firm Pearse Partners. 

It shows surprising uniformity in salaries for analysts and associates, with a few quirks here and there. Deutsche Bank salaries, for example, look surprisingly low at analyst level and yet surprisingly generous for third year associates. Morgan Stanley continues to dominate with unusually lavish salaries for VPs...

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Have a confidential story, tip, or comment you’d like to share? Contact: in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

AUTHORSarah Butcher Global Editor
  • Cu
    Curious in IT
    10 May 2023

    Hi There, Does anybody know how this pay structure sits within IT Teams in London based Investment Banks? e.g. Service Management, Disaster Recovery or Change Management?

  • St
    4 May 2023

    Is this for all front office or just IBD or are both the same?

  • La
    Laughing Stocks
    18 April 2023

    Looks like I'll be off to Morgan Stanley then...

  • St
    17 April 2023

    Glad that a recruitment agency data is used rather than Glassdoor. Any idea about the bonuses though?

  • [Deleted]
    17 April 2023


Sign up to our Newsletter!

Get advice to help you manage and drive your career.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs

Sign up to our Newsletter!

Get advice to help you manage and drive your career.