July 30, 2009
To Which Bank Should You Send Your Resume?
Posted by David Zaring

Andrew Cuomo's report decrying bonuses does have one signal advantage forthe young financier looking to get rich.  It tells you how many million plus paychecks the big players were offering, as Rob Cox notes

Here's the disappointingly short list of big TARP recipients along with the number of employees making over $1 million last year, available in appendix B of the report, not controlled to firm size or anything.  JPMorgan, Wells Fargo, Bank of America, and Citigroup are the largest banks in the country by far - and they make radically different numbers of millionaires.  But if it is an investment bank you were considering, as always, I'd consider Goldman Sachs:

JPM 1626
GS 953
Citi 738
ML 696
MS 428
BofA 172
BoNY 74
Wells 62
StateSt 44

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