How much revenue top banks expect you to generate to be average

cover people across all levels of seniority and in all regions. While they can provide a general idea of what a vice president in a broadly defined division might expect to generate, they are not reflective of individual performance expectations.

However, the figures do point to an overall positive trend. For example, if you were working at a bank where bonus pools did not increase in the investment banking or equities divisions last year, it might raise some questions. BCG reports that equity derivatives sales and trading saw the most significant revenue growth last year, while commodities and G10 rates trading experienced declines.

The analysis also delves into the impact of electronification on different trading products. BCG found that credit trades conducted electronically decreased last year, but electronic trading in commodities rose significantly despite falling revenues. This suggests that the productivity per human commodities trader may have actually increased in the past year.

It is worth noting that BCG Expand’s estimates are not indicative of the exact revenue targets individual bankers need to achieve to secure their jobs. They provide a holistic view of the overall revenue landscape within top investment banks, encompassing a wide range of roles, regions, and seniority levels. While the figures serve as a benchmark for the industry, individual performance metrics may vary significantly.

In conclusion, while BCG Expand’s estimates shed light on the revenue per head at the top investment banks, it is essential to consider the broader context and nuances within each division. The analysis underscores the positive growth trend in front office revenues, particularly in equity derivatives sales and trading, and the impact of electronification on different trading products. While these figures offer insights into the industry landscape, individual revenue targets remain highly specific to roles, regions, and levels of seniority.