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The End of the Suffering Premium: AI, Hours, and the Future of the Banking Bonus

The End of the Suffering Premium: AI, Hours, and the Future of the Banking Bonus

by meridith dennes | May 19, 2026 | Compensation Trends, News, Summer Internships

Why AI will make investment bankers more efficient — not redundant — and what that means for how they get paid Introduction: A Philosophy Built in the MIT AI Lab Dave Blundin is a serial entrepreneur, MIT-trained artificial intelligence pioneer, and the Founder and...
What a Below-Market Bonus Does to Your Next Move in Investment Banking

What a Below-Market Bonus Does to Your Next Move in Investment Banking

by meridith dennes | Apr 21, 2026 | Compensation Trends, Interviewing, Lateral Recruiting

Every year, M&A bankers at every level — analysts, associates, VPs, Directors, MDs — find out their number, see it is smaller than they expected, and spend the next forty-eight hours refreshing the anonymous banking forums, texting a peer at a competitor for...

2025 PRP IB Compensation Report (Password Protected)

by meridith dennes | Mar 14, 2026 | Compensation Reports, Compensation Trends

Prospect Rock Partners Restricted Access 🔒 Annual Publication 2025 IB CompensationReport March 2026 Confidential 866Respondents 17Title Levels 2025Data Year Survey Participant Access Your access code was emailed to survey participants. Check your inbox for a message...
Prospect Rock Partners’ 2025 IB Compensation Report

Prospect Rock Partners’ 2025 IB Compensation Report

by meridith dennes | Mar 14, 2026 | Compensation Reports, Compensation Trends

After bottoming out in 2023, investment banking pay has staged a two-year rally — and the 2025 data makes clear that the recovery is real, broad-based, and steepest at the top. Based on 866 survey responses collected in Q1 2026 across 17 title levels and 8 bank types,...
The Clawback Crackdown: What California and New York’s New Laws Mean for Investment Bankers

The Clawback Crackdown: What California and New York’s New Laws Mean for Investment Bankers

by meridith dennes | Feb 10, 2026 | Compensation Trends, Interviewing, Lateral Recruiting

Sign-on bonuses, guaranteed compensation packages, relocation stipends, deferred payouts — these are the building blocks of investment banking recruitment and retention. They’re also squarely in the crosshairs of new legislation in California and New York...
The 2025 IB Comp Headlines Are Misleading — Here’s What the Data Actually Shows

The 2025 IB Comp Headlines Are Misleading — Here’s What the Data Actually Shows

by meridith dennes | Feb 6, 2026 | Compensation Reports, Compensation Trends, Interviewing

Follow Prospect Rock Partners for more detailed intel on hot jobs and compensation. If you’ve already been told your year end bonus, we’d appreciate your participation in this year’s compensation study so we can start releasing early market data. This year’s survey...
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Recent Posts

  • Why Wall Street’s Summer Recruiting Slowdown May Take This Summer Off
  • JPMorgan First to Deploy AI Bank-Wide as Wall Street Braces for Biggest Workforce Shift
  • The End of the Suffering Premium: AI, Hours, and the Future of the Banking Bonus
  • Investment Banking Lateral Market Update: Offer Terms, Compensation Structures, and What It Actually Takes to Get Hired Right Now.
  • How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back
  • Why Wall Street’s Summer Recruiting Slowdown May Take This Summer Off
  • JPMorgan First to Deploy AI Bank-Wide as Wall Street Braces for Biggest Workforce Shift
  • The End of the Suffering Premium: AI, Hours, and the Future of the Banking Bonus
  • Investment Banking Lateral Market Update: Offer Terms, Compensation Structures, and What It Actually Takes to Get Hired Right Now.
  • How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back

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