Banking salaries depend very much on specialism

That bankers receive rather generous salaries is no secret, but analysis of data from 5,400 finance professionals working in the UK by Emolument highlights distinct differences in the pay packages of banking MDs. The deciding factor? Specialism.

When taking base salary and bonus into account, the difference between the average pay for an MD specialising as a structurer in investment banking and an MD in fund management is a cool 350,000 pounds.

You can read more on this topic at City A.M.