Where should you work as a junior M&A banker? If you want to maximize your compensation early in your career, the answer may not necessarily be JPMorgan and Goldman Sachs. When you're an analyst or associate in London, some other big US banks are also contenders.
The new salary and bonus report from recruitment firm Dartmouth Partners suggests that while first year analysts at Goldman Sachs are now paid the most in London, they're closely followed by the first years at Bank of America and Credit Suisse. And, if you want to earn the most as a second year analyst, you now need to work for...Citi.