US bankers’ bonuses still leave UK and European staff trailing

 
Tim Wallace
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BRITISH bankers receive smaller bonuses than their Eurozone and Swiss rivals, and are utterly outstripped by high-paying US banks, according to figures out today from Emolument.

The average investment banker at UK institutions received £126,000 in 2015, up four per cent on the year.

But the salary benchmarking site shows this is £10,000 below Euro­zone banks, and £36,000 below the payouts from Swiss lenders.

But all of those are far behind US bankers – the average bonus from an American bank hit £216,000.

“‘Are you up or down on last year?’ is the question deemed proper enough in bonus-related conversations, and that in itself becomes a substantial indicator of how much the bank wants to keep you on,” said Emolument.com’s Thomas Drewry.

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