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M&A bankers were the highest paid in 2016 with an average £80,000 bonus





Riva Ferrari

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.

October was a bumper month, with shareholder approval for the £79 billion tie-up between brewery giants SABMiller and Anheuser-Busch InBev as read more >>>

Source:: BusinessInsider.Com

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