Top Earners at Investment Banks

As of 2011, Lloyd Blankfein, the CEO of Goldman Sachs took home $14.1 million from just over $1 million in 2009.

Brian T. Moynihan - $10 Million in Pay for Bank of America Chief.

In the world of investment banking, CEOs may not be the persons who receive the highest pay.  In 2011, Deutsche Bank AG (DBK), Germany’s biggest bank, said Anshu Jain earned more than Chief Executive Officer Josef Ackermann last year after his corporate and investment banking unit reported record revenue.

Jain, 48, was paid about 12 million euros ($16.7 million) in salary, upfront and deferred bonuses and benefits. Ackermann, 63, was paid 8.99 million euros last year, compared with 9.55 million euros in 2009.

 

Firgures from the Past

Now let's look at some older figures from my blog.  As bonus announcement period is approaching, let’s review the top earners among investment banks in 2006.

Do You Want to be An Investment Bank CEO Or a Trader?
Guess who’s making a 9-digit income – a CEO or a trader.
Read this.

Top Players at Top Investment Bank - Goldman Sachs - 2006

Driss Ben-Brahim – proprietary trader – London
Pierre-Henri Flamand – principal strategies trader - London
Morgan Sze – principal strategies trader – Hong Kong
Read more
Morgan Sze 
City: Hong Kong 
Firm: Goldman Sachs 
Age: 41 
Estimated Income: $75-$100 million

Source:  Trader Daily, April 2007


Some Young and Rich Bankers

While this website is meant for young bankers, let's review some the most outstanding individuals, their bios and the money they make.

Anthony Clake - became a Partner of Marshall Wace at the age of 24.

Ken Griffin - founded Citadel at the age of 22.

Chase Coleman - made $50 million at the age of 30.

Tim Sykes - started his 3.2 million Cilantro at the age of 22.

Morgan Sze - founded Azentus in Hong Kong in 2010 after spending 17 years at Goldman Sachs.  Current AUM 1.3 billion.

It Doesn't Matter How Old You Are

Investment banking offers opportunites to those who are eager to make big money.  It doesn't matter how old you are.  The younger you start the better.

Whether you want to be a top earner in the capacity of a CEO or a trader, you need to start this challenging career by writting an investment banking resume today.  This website is here to help you set your feet into the IB world.  See my suggested career tools.

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