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    (Original post by sometimes_snoopy)
    Operations? Are you joking! That's a support/ back office department! All you do is settle the capital, ie. the cashier!
    To be making that kind of money it has to be something like M&A/Sale and trading, etc.
    hahahahaha
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    (Original post by TigerKate)
    Hey guys! Newbie here so sorry if this is a stupid question.

    Was out with a bunch of mates last night and met this guy (arrogant ****er) who claimed to be a first year analyst at Barclays Capital - said he just found out his bonus was £90k (on top of his £40k salary) :eek:

    Can you really make £130k as a first year banker or was he just BSing?

    Definitely hope it's the former - people that awful shouldn't be earning that much!

    Unlikely, most analysts are bracketed pretty strictly in first year.
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    “The recipe for perpetual ignorance is: Be satisfied with your opinions and content with your knowledge." fits in here well
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    your friend sounds he is full of ****
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    BarCap? 130k first year?

    ***** please.....
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    (Original post by lekky)
    ... how do I get into this field? :|
    sell your soul, sleep with the right people and lead a miserable life for a while 'til you realise all those people on £30k you used to look down on are much much much happier than you.
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    (Original post by Llamageddon)
    sell your soul, sleep with the right people and lead a miserable life for a while 'til you realise all those people on £30k you used to look down on are much much much happier than you.
    o rly?
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    (Original post by abcdefghijklmnopqrstuvwxyz)
    o rly?



    Lol just kidding, I disagree with that guy...
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    (Original post by Llamageddon)
    sell your soul, sleep with the right people and lead a miserable life for a while 'til you realise all those people on £30k you used to look down on are much much much happier than you.
    The day I realize this, I'll drive back to my mansion in my ferrari, cry to my supermodel wife about how I feel, then drink cristal until all my problems go away...
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    (Original post by Broderss)
    Is it wrong that this is my dream?
    Not at all. I'm working my ass off in hope of experiencing this :p:
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    The exact same reason why i want to work in finance and banking, not highstreet banks though, investment banks are better.
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    (Original post by *MJ*)
    I wouldn't be surprised tbh.

    IB has a lot of money if you have luck/experience/brain.

    It's probably really stressful and hard to get, though.

    Life is never easy.

    yay lets go make a disney film!
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    (Original post by BetterThanHeaven)
    It's irrelevant how many people do, the fact remains that many people generate upwards of 8-figures on busy desks. Globally, across all products and all parts of a bank, it adds up.

    I fail to see what your point is. Mine is simple - in trading, your revenue and costs are completely quantifiable, you will expect to be paid accordingly given successes (or failures) are so well defined.
    no its not.

    and how much is "many".

    and why do they generate that much - i bet a lot of other people could do the same given the resources.

    and how are they contributing to society anyway? they are creating money out of money. (other than paying some of it as tax)
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    (Original post by danny111)
    no its not.

    and how much is "many".

    and why do they generate that much - i bet a lot of other people could do the same given the resources.

    and how are they contributing to society anyway? they are creating money out of money. (other than paying some of it as tax)
    really really simple answer, there is demand for them, and they contribute by filling in this demand.

    if there wasn't demand for them they wouldn't exist.

    so society clearly wants/needs bankers. same for teachers etc anything no point argueing about this
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    (Original post by ronaldo91)
    really really simple answer, there is demand for them, and they contribute by filling in this demand.

    if there wasn't demand for them they wouldn't exist.

    so society clearly wants/needs bankers. same for teachers etc anything no point argueing about this
    not really.

    banks are needed as financial intermediaries - there is demand for that. but i dont think society demands them to make money out of money, i certainly dont.

    and anyway demand =/= good for society or are you saying since there is demand for child porn that it contirbutes to society.

    learn some welfare economics before making ridiuclous vague statements about "demand" and society.
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    (Original post by danny111)
    not really.

    banks are needed as financial intermediaries - there is demand for that. but i dont think society demands them to make money out of money, i certainly dont.

    and anyway demand =/= good for society or are you saying since there is demand for child porn that it contirbutes to society.

    learn some welfare economics before making ridiuclous vauge statements about "demand" and society.
    err yer.

    ''needed''
    = implies that society cannot function without them.

    he shoots... he scores
    you fail
    good day

    oh and why are you interested in child porn?
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    (Original post by ronaldo91)
    err yer.

    ''needed''
    = implies that society cannot function without them.

    he shoots... he scores
    you fail
    good day

    oh and why are you interested in child porn?
    come up with something that has substance if you actually want a proper argument.

    do you even know what financial intermediaries are? they are not trading i can tell you that.

    learn some economics and manners.

    /bye.
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    (Original post by danny111)
    come up with something that has substance if you actually want a proper argument.

    do you even know what financial intermediaries are? they are not trading i can tell you that.

    learn some economics and manners.

    /bye.
    here you go http://tinyurl.com/ybncsk6

    no need to thank me.

    i think the argument is over, you just agreed with me.

    in what way have i not been curteous?

    thanks for negging me and not leaving your name, now that's bad manners tut tut
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    A Barclay's valentines day gift to Labour?

    90K bonus for a first year analyst? When does that 25K+ bonus tax come into effect?

    Yes, but if that drunk banker from Barclays you encountered really did get a massive bonus, the only possible explanations would be

    1. His desk really did pull in some serious numbers for the firm and single handedly saved the bank.
    2. Barclays Capital launched a ton of ponzi schemes this year and is flushed with excess cash.

    3. It could just be a mix up in the payroll department, and they meant to give him a bonus of 9K instead 90K

    I wonder if a bonus-blabbermouth like him would have the maturity to spend this huge bonus wisely
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    (Original post by ronaldo91)
    here you go http://tinyurl.com/ybncsk6

    no need to thank me.

    i think the argument is over, you just agreed with me.

    in what way have i not been curteous?

    thanks for negging me and not leaving your name, now that's bad manners tut tut
    cancelled that neg rep out for ya

    Yeah there is no way that you could make £130k in your first year as a Barcap analyst , either that or my cousin who also is an analyst is a liar (he made about 50k ish in his first year) -_-

    Still it blows pretty much every other graduate job out of the water for pay, satisfaction however........
 
 
 
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