BNP Paribas is one of the leading investment banks in Europe, with a strong presence across the continent. As a French bank, it offers competitive salaries for investment banking analysts in major financial hubs like Paris and London. This article will analyze the typical base pay, bonus, and total compensation for BNP Paribas investment banking analysts.
Base salaries aligned with market rates
According to online sources, base salaries for BNP Paribas investment banking analysts in London are around £55,000 to £60,000. This is broadly in line with base pays at peer banks like Barclays, Deutsche Bank and Credit Suisse. In continental Europe, base salaries are slightly lower given lower costs of living, but still range from €45,000 to €55,000 in major hubs like Paris and Frankfurt.
Strong bonus payouts
BNP Paribas is known for having a high variable bonus component as a percentage of total compensation. First year analysts can expect bonuses between 70% to 100% of base salary. Ratios go up for more senior analysts and associate roles, with bonuses reaching 2x base pay. The French bank pays bonuses in a combination of cash and deferred equity.
Favorable total compensation
Combining base salaries and bonuses, total compensation for first year investment banking analysts at BNP Paribas reaches £90,000 to £120,000 in London. This is highly competitive compared to American, British and Swiss banks. Given lower taxes in France, the net take home pay for Paris analysts may match or exceed London levels.
Prestige and opportunities
Beyond monetary compensation, working at BNP Paribas provides high prestige and opportunities to work on cross-border deals. Analysts rotate through product groups and build diverse skillsets. The bank is continually expanding its investment banking presence and hungry for new talent.
BNP Paribas offers very competitive salaries for investment banking analysts that match or exceed peer banks. Analysts earn high base pay supplemented by large bonuses, providing total compensation up to £120,000 in London. BNP Paribas values international talent and incoming analysts gain broad experience.