Discover your dream Career
For Recruiters

Banking bonuses: the chart predicting who gets what

Bonus pools at banks this year are down by as much as 30% on 2021, but the pain is not evenly distributed.

Now that the big US banks have reported fourth quarter and full year results for 2022, we have a better idea which businesses performed well and are likely to be treated gently in bonus allocations. We also know which businesses are likely to experience the most swingeing bonus cuts.

Deutsche Bank's banking research team have helpfully gathered this knowledge for Q4 into a single chart, shown below. The key takeaway is that no matter where you work, your bonus should probably ok if you're on a rates desk this year. Conversely, M&A and capital markets bankers everywhere can but weep.

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com 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.)

author-card-avatar
AUTHORSarah Butcher Global Editor

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
Python Quantitative Developer
New York, United States
Mondrian Alpha Recruitment Solutions
Operations Analyst – Major Hedge Fund – 70-85k base / 50-100% bonus
Mondrian Alpha Recruitment Solutions
London, United Kingdom
Cobalt Recruitment
Private Equity- Investment Analyst
Cobalt Recruitment
London, United Kingdom
Selby Jennings Investment Banking
Investment Banking FIG M&A Analyst 1-2 Elite Boutique
Selby Jennings Investment Banking
London, United Kingdom
Durlston Partners
Crypto Portfolio Manager
Durlston Partners
New York, United States