Earning a base salary of £120,000 and bonus of £500,000 when he left banking.
Salary – Bonuses – Pension etc
About the organisation
Worked as fund manager with Dutch investment bank ABN Amro in 1996. Anderson was resultantly employed as a utilities analyst, composing models of publicly listed companies. Within five years, his salary had jumped from £24,000 to £120,000; his first three years of bonuses: £14,000; £55,000 and £140,000. In 1997 he moved to Société Générale, and in 1999 to Commerzbank. In 2000 Anderson joined Dresdner Kleinwort. Named top stock-picker two years running, appointed joint team leader of the utilities research team, the team became number two in the utilities sector and Anderson was personally judged the fourth highest-ranked analyst (out of around 100).
Born 1972 in London. The third son of Labour politician Donald Anderson, Baron Anderson of Swansea and his missionary wife Dorothy, herself the daughter of Bolivian missionaries. A former City of London utilities sector analyst and newspaper columnist, best known for his Cityboy column in thelondonpaper.
An investment banker who broke the City's "code of silence" as a newspaper columnist blew his cover to publish a full-scale account of life in the Square Mile. City Boy has been thelondonpaper's most popular columnist, exposing the foibles, abuses and monstrous egos that drive the world's most dynamic money markets.
Cityboy: Beer and Loathing in the Square Mile, Headline Book Publishing, 2008.
Fifty Ways to Survive the Crunch, Headline Book Publishing, 2008.
Q. You were a utilities analyst for many years. If you had to go back to a life of working in the city, what job would you choose?
A. “Oh, hedge fund manager without a doubt. Join up, take some ludicrously huge gambles that if they come good will earn you millions within a year and then bugger off back to some tropical beach (having given half my ‘winnings’ to a charity of course)”. Trading Diary interview, June 2010.
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