Top sales and trading staff in credit and equity departments can expect increased bonuses of up to 30% this year, while more junior employees are likely to be disappointed with their pay, according to Longbridge, the headhunter.

In a survey of more than 25 banks, Longbridge found salaries of managing directors in credit sales range between £100,000 (€144,000) and £150,000. Bonuses for this year are likely to be between 300% and 750% of base pay.