This very detailed compensation survey for corporate finance, equity research and sales, suggests the only place people got paid more for 2011 was...Moscow

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Moscow where the money is

Expensive here

Do you work in equity research, equity sales or corporate finance? Within corporate finance, do you work in mining and metals, oil/gas/energy/utilities, alternatives/renewables/biotech, or FIG, telecoms/media/technology, infrastructure/property/transport? Are you in a similar sector team in research? Do you want to know precisely how much you should have earned last year?

Search firm BBM has some of the answers. The company has released a detailed 2012 investment banking compensation survey, soon to be available on its website. Predictably, this shows that salaries remained static, but that bonuses in almost every area (except senior equity sales and VPs in specialising in equity research related to the support services market), fell for 2011.

The clear exception to the trend appears to be Moscow. BBM has only released compensation figures for Russia-based equity researchers, but their bonuses generally increased last year.

Meanwhile, in Moscow...

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