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Investment Bank Managing Director Housing Allowance

Posted: Mon, 08 Oct 2007 6:03 pm
by lawrencejamieson
I am relocating from New York to Singapore shortly. I am having difficulty getting high quality information on how much an MD at a global investment bank receives for his housing allowance. We are a family of three.

Can anyone shed some light on this? Thanks for your help.

Posted: Mon, 08 Oct 2007 6:26 pm
by Superglide
There are no rules for the housing allowance, other than the company's rules, is there?

From CEOs and MDs I know, this varies from 5K to up to 30K S$ per month.

Posted: Mon, 08 Oct 2007 6:39 pm
by Makan24-7
With the banks on the top tier league table, that would be around 20-30k for the B-g Swinging D--ks. LOL. No offence, eh?

Posted: Mon, 08 Oct 2007 7:09 pm
by sprite
Makan24-7 wrote:With the banks on the top tier league table, that would be around 20-30k for the B-g Swinging D--ks. LOL. No offence, eh?
Gee, who could possibly find that offensive? :???: Sour grapes Makan24-7? I'm only kidding you, :) $20 - 30k does sound outrageous, better no to get the OP's hopes up. Is that really in the realm?