Bankers & Traders: how much you save in london per year

What bank pays their 2nd year analysts £150k please tell me when the GS NY IBD desk earns $120k max all-in.

I don't think you work in the industry mate.

You have no idea mate, if you make 10mm $ as a 2nd year trader, you'll easily get $200k all in comp and £150k not unheard of. And GS don't pay juniors the best in the industry, that you think they do shows you have no idea.

har har har 2nd year traders are allowed to handle 8 digit figure accounts.

If the whole forum is laughing at you and calling you out, I think it's time to call it quits man. Look I'm sure your 2nd tier Russell uni is great, it's just not great enough for this line of work. I'm sorry.

What's a "8 digit figure account"? Do you know the difference between PnL & sales revs, traders and sales people? Do you know what it means to be managing 100k dv01? If you did, you would know you'd get or expected to get paid for it.

Lol, you get 28k in Central London ?
That's harsh. You actually must get hourly Mcdonalds wages in you factor in you ACA training time.

Well we do about half the hours of FO and get about half the pay so we're all in the same boat really

This is all crazy talk, I'm on 28k and live in a house share right next to Canary Wharf (£750pm) and am still saving a few hundy a month. You guys on 60k with no time to spend any of it should be rolling in savings

In a less ridiculous location you could rent a spacious house for that, rather than student digs.

I have a spacious house. It's a three-floored Victorian townhouse

You have a room in someone else's spacious house.

I still get the use of the rest of the spacious house.

Well yes, and when I lived in halls I had the use of a very large common room and a games room with several pool tables. Today, I technically live in a palace and have the use of a large concert hall, a tower, a library, and several other rooms whose purpose is not clear to me. But there is in fact some difference between this and being sole occupant.