M&A bankers were the highest paid in 2016 with an average £80,000 bonus
|12/16/2016||Posted by BusinessMediaguide.Com under General World News||
Bankers working in mergers and acquisitions got bigger bonuses than their peers in 2016, according to a survey by salary-benchmarking site Emolument.com.
Mid-level M&A bankers earned a median bonus of £80,000 ($99,516) in 2016, according to the survey.
While that is more than what colleagues make elsewhere in investment banking, it is still 20% less than last year.
M&A has been exceptionally busy in 2016, with record deal volumes split between a handful of large investment banks and advisory boutiques.
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