Bonuses will be lower across all banks, but PJT balances out the lack of M&A deal flow with RSSG and secondaries, both of which are booming given the current environment.

If TC is £125k as you said, thats ~40% bonus. It would really impede the status of places like PJT if they pay like that (they emphasise top of street pay including most buy side programmes). I don't think they have ever given bonuses below 75%.

 

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