[h.b123]

As question states?

[Zalachenko]

Essentially, trading can earn you the most money if you're very good.

Just look at Morgan Sze as an example.

[President_Ben]

The Bernie Madoff model, caveat, don't get caught.

[Teenage Pirate]

1st year analyst @ Royal Bank of Scotland

livin' the dream

[Spurious]

(Original post by Zalachenko)
Essentially, trading can earn you the most money if you're very good.

Just look at Morgan Sze as an example.

Sales almost always earn more than traders.
Unless you are a star trader, Sales will be better paid.

[i_hate_teeth]

warren buffet

[M1011]

If you're including all finance roles, then there must be some CFOs out there on serious money within FTSE 100s.

[Teenage Pirate]

(Original post by M1011)
If you're including all finance roles, then there must be some CFOs out there on serious money within FTSE 100s.

CFOs of large companies are probably as rare as very right tail hedge fund managers but the managers make a lot more money

that's not to say your point about them making money is wrong btw, its just that "highest paid" is hardly ever the corporate route

edit: unless youre a first year analyst at RBS

[M1011]

(Original post by Teenage Pirate)
CFOs of large companies are probably as rare as very right tail hedge fund managers but the managers make a lot more money

that's not to say your point about them making money is wrong btw, its just that "highest paid" is hardly ever the corporate route

edit: unless youre a first year analyst at RBS

On the whole I totally agree, but if we're talking literally THE highest paid, I would presume CFOs at some of the worlds largest companies probably are raking in a hell of a lot. Perhaps I presume wrong

[Txi]

Banks don't really trade.

[Txi]

Yes, really.... they are market makers and position takers.

not the same as outright trading - Market Wizards

[SonnyZH]

(Original post by Txi)
Banks don't really trade.

That's called trading pal. What about proprietary trading? Morgan Sze ring a bell? What do you think the Volcker Rule was established for post-2008?

[Txi]

(Original post by SonnyZH)
That's called trading pal. What about proprietary trading? Morgan Sze ring a bell? What do you think the Volcker Rule was established for post-2008?

http://www.iasg.com/managed-futures/performance

* gets my binoculars out looking for the mythical bank trader anywhere in the top 30*

[crcr]

(Original post by Txi)
Still no banker within the entire list

No matter how many pic you post of your banker hereos won't change that

LOL

Seriously? Some of those funds have 100k under management...

Also quite a few bankers who are setting up now are coming from principal strategies groups so they do multi-strategy, everything from trading volatility to distressed debt...not managed futures. Managed futures is pretty rinky-dink anyway.

There are numerous people who have come from banks (and even IBD) who make silly cash. Given the size of banks, that shouldn't be suprising. If you want examples, pretty much everyone from places Brevan Howard and Bluecrest used to work at banks.

[h.b123]

so how much do 1st year analysts for RBS get annually then?

[Regent]

(Original post by M1011)
On the whole I totally agree, but if we're talking literally THE highest paid, I would presume CFOs at some of the worlds largest companies probably are raking in a hell of a lot. Perhaps I presume wrong

You're right. C-suite execs will make a lot of money. It's just there are very few places. Take your CFO example. There can only ever be 100 FTSE 100 CEOs, so not a lot of scope to get to that position unless one of them dies or leaves/gets fired.

[Txi]

(Original post by crcr)
Seriously? Some of those funds have 100k under management...

Also quite a few bankers who are setting up now are coming from principal strategies groups so they do multi-strategy, everything from trading volatility to distressed debt...not managed futures. Managed futures is pretty rinky-dink anyway.

There are numerous people who have come from banks (and even IBD) who make silly cash. Given the size of banks, that shouldn't be suprising. If you want examples, pretty much everyone from places Brevan Howard and Bluecrest used to work at banks.

Banks and their devotees are such BS losers - they are always shooting their mouths off at how great their trading is.

But when it comes to the real deal - revealing their trading stats, they are nowhere to be seen.

When there is quantifiable evidence of performance they can't even make the top 30 - the AUM can be reconfigured anyway and still no bank insight.

I guess you don't have to worry about that when you got govt. connections to bail you out.

Reason why amounts are small is that CTAs trade with their OWN cash, unlike banks who use customer cash/ positions - they don't have the guts to trade on their own


Can't get more rinky dink than that

[Txi]

Really interesting how some self appointed bank cheerleaders who haven't even set one foot in a bank trading room get hurt and upset by independent statistics.

Banks do NOT trade - not their own cash at least, the IASG stats are clear and present and are not here to guarantee against hurt feelings. Get over it.

[littlemissmidget123]

trading probably, but my dad seems to be doing fine as an accountant based in canary wharf

(Original post by Fires)
Cocaine salesman in Canary Wharf.

some guy was shot 6 times and still not killed outside our flat a month or 2 back... some kind of drug war....

[Alimbo95]

(Original post by Fires)
Cocaine salesman in Canary Wharf.

Hahaa, made me chuckle :')

But yeah, I would say the CFOs or Hedge Fund Managers with their fund making tons of money.