• 16 Jul 2009 at 1:02 PM

Bonus Watch ’09: Bank of America

By

First year Bank of Amerillwide employees have apparently received $38k bonuses for S&T and $30k stubs for research. The budding Kens also all had their base pay raised to $80k from $60k. For those keeping track at home, second rate first year staff at Citi are still killing this thing, thanks to the generosity of Tim Geither, and certain well-heeled Prince. Ken Lewis is said to be telling lieutenants he’s planning on buying everyone a round tonight but do note that he said “planning” as in there’ll most likely be a skipping out on the tab situation.

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    Comments (84)

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    1. 1
      Posted by guest | July 16, 2009 at 1:07 PM

      but are they getting ponies and matching button downs? that’s what I thought.
      -prince A

    2. 2
      Posted by guest | July 16, 2009 at 1:14 PM

      @alwaleed- blow me.
      -KL

    3. 3
      Posted by guest | July 16, 2009 at 1:17 PM

      Yes, we pay research more than S&T
      -KL

    4. 4
      Posted by guest | July 16, 2009 at 1:19 PM

      @3…read #s incorrectly

    5. 5
      Posted by guest | July 16, 2009 at 1:21 PM

      GS is better than BOA

    6. 6
      Posted by guest | July 16, 2009 at 2:28 PM

      What about second years?
      Tier 1
      Tier 2
      Tier 3 – I’m guessing the beloved “goose egg”

    7. 7
      Posted by guest | July 16, 2009 at 2:28 PM

      what about ibd?

    8. 8
      Posted by guest | July 16, 2009 at 3:56 PM

      Is that 80k for the first year? Or are their base salaries for their second year 80K?

    9. 9
      Posted by guest | July 16, 2009 at 4:34 PM

      @7 Tier 1 gets to go work somewhere else, no word on Tier 2 yet.

    10. 10
      Posted by guest | July 16, 2009 at 4:40 PM

      any word on jpm/ms bonus numbers ??

    11. 11
      Posted by guest | July 16, 2009 at 6:40 PM

      2nd yr s&t promoted to assoc got 100k salary and 40k bonuses for promotion. Year end bonuses were ~60k top tier for 2nd yr.

    12. 12
      Posted by guest | July 16, 2009 at 7:44 PM

      S&T runs shit

    13. 13
      Posted by guest | July 16, 2009 at 10:15 PM

      140k in NY = 38k in Dallas

    14. 14
      Posted by guest | July 16, 2009 at 10:17 PM

      anyone know what 3rd year analysts are getting at any of the IBs on the Street?

    15. 15
      Posted by guest | July 16, 2009 at 10:17 PM

      anyone know what 3rd year analysts are getting at any of the IBs on the Street?

    16. 16
      Posted by guest | July 16, 2009 at 10:17 PM

      anyone know what 3rd year analysts are getting at any of the IBs on the Street?

    17. 17
      Posted by guest | July 16, 2009 at 10:17 PM

      anyone know what 3rd year analysts are getting at any of the IBs on the Street?

    18. 18
      Posted by guest | July 16, 2009 at 10:31 PM

      quadruple posting tard: third years aren’t on the same bonus schedule as first years.

    19. 19
      Posted by guest | July 16, 2009 at 11:46 PM

      Actually, yes they are.

    20. 20
      Posted by guest | July 17, 2009 at 12:19 AM

      1st year ~55k
      2nd year ~60k
      3rd year ~80k
      wachovia – top tier

    21. 21
      Posted by guest | July 17, 2009 at 1:36 AM

      Top IB
      1st – 52
      2nd – 62
      3rd – 82

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