These maps show where most bankers live in London (2024)

These maps show where most bankers live in London (1) These maps show where most bankers live in London (2)

Junior bankers are unlikely to bump into their bosses on a weekend out of the office, but if they want to be especially careful, they might want to avoid thecafés and pubs of West London.

Emolument.com,a company that crowdsources pay data,analysed 1,301 banking salaries in London, and cross-referenced them withtheir addresses.

The company found that the most senior bankers tended to live in West London.This is no "surprise sinceWest London has long been favoured by the elite since it was close to the royal seat of power and upwind of the smoke drifting from the crowded industrial East of the city," according to Emolument.

"The Westattracts high-earning types to areas such as Kensington (W8), Holland Park (W11), Maida Vale (W9) or Hampstead (NW4)," Emolument said.

Here is the map:

These maps show where most bankers live in London (3)

Emolument

The study also showed that the postcode most densely populated with bankers was E14 for the Isle of Dogs.

Emolument said in a statement:

"This is a prime location considering how close it is to Canary Wharf. Other favourite locations are Islington (N1), Battersea (SW11) and Southwark (SE1), which are also relatively close tothe City or Canary Wharf. Most banks have their headquarters either in the City(Standard Chartered or Lloyds banking Group) or in Canary Wharf (HSBC or Barclays)."

And here is the map:

These maps show where most bankers live in London (4)

Emolument
These maps show where most bankers live in London (2024)

FAQs

Where do most bankers live in London? ›

The company found that the most senior bankers tended to live in West London. This is no "surprise since West London has long been favoured by the elite since it was close to the royal seat of power and upwind of the smoke drifting from the crowded industrial East of the city," according to Emolument.

What is London's financial district called? ›

The City of London, widely referred to simply as the City, is a city, ceremonial county and local government district that contains the ancient centre, and constitutes, along with Canary Wharf, the primary central business district (CBD) of London and one of the leading financial centres of the world.

Where do investment bankers work in London? ›

CANARY WHARF. The City of London, commonly referred to as the City, is London's most famous financial district, with many banking and insurance institutions having their headquarters there.

Where can I meet bankers in London? ›

Where London Bankers Drink: 11 Bars That Buzz After Markets Close
  • The Ned. The Nickel Bar. Bar. ...
  • 1 Lombard Street. 1 Lombard Street. Bar. ...
  • The Guinea. Steakhouse. ...
  • Bellamy's. Bellamy's Restaurant. ...
  • The Connaught. The Connaught. ...
  • Madison Restaurant. Modern European Cuisine. ...
  • Hawksmoor. Steakhouse. ...
  • The Burlington Arms. The Burlington Arms.

Where do businessmen live in London? ›

1. Knightsbridge. If you're interested in London's richest area, Knightsbridge is renowned for its wealth and luxurious lifestyle.

What city is best for a banker? ›

New York, New York, USA

New York City is typically considered the finance capital of the world. Many of the largest investment banks, including Goldman Sachs,15 Morgan Stanley,16 and Merrill Lynch,17 are headquartered in New York City. So too are several large banks, including Citigroup and JPMorgan Chase.

What is the famous financial street in London? ›

Lombard Street (/ˈlɒmbərd, -bɑːrd/) is a street notable for its connections with the City of London's merchant, banking and insurance industries, stretching back to medieval times. Lombard Street from Bank junction.

Is London the banking capital of the world? ›

London has retained its crown as the top global financial centre as New York City slips to second position, new figures published by the City of London Corporation reveal.

Why is London known for finance? ›

Finance of London

The City (“the Square Mile”) claimed to have the largest concentration of financial employment in the world. London's role as a world financial center has long historical roots. At the end of the 19th century more than half the world's trade was financed in British currency (pounds sterling).

Where do senior bankers live? ›

Other popular locations for bankers included Battersea and Southwark, also quite close to the City or Canary Wharf. The most experienced bankers, however, do not mix with their younger counterparts, instead choosing places such as Belgravia, Pimlico, Holland Park, Notting Hill or Ravenscourt Park.

Who are the best bankers in London? ›

  • Chris Emmerson. Goldman Sachs. £ 11 070 m.
  • Matthew Jarman. Morgan Stanley. £ 9 855 m.
  • Derek Shakespeare. Barclays. £ 8 768 m.
  • Celia Murray. JP Morgan. £ 7 715 m.
  • Omar Faruqui. Barclays. £ 6 524 m.
  • Robert Mayhew. Barclays. £ 4 395 m.
  • Philip Noblet. Jefferies & Company. £ 4 376 m.
  • Stuart Ord. Numis Securities. £ 2 955 m.

How much does a banker make in London? ›

The average salary for Banker is £60,220 per year in the London. The average additional cash compensation for a Banker in the London is £14,998, with a range from £4,339 - £51,842. Salaries estimates are based on 99 salaries submitted anonymously to Glassdoor by Banker employees in London.

Where do finance guys hang out in London? ›

Canary Wharf-based bankers drinking alone after work usually choose local bars like Smolensky's or First Edition. The Chelsea crowd will be seen at the Admiral Codrington, Cadogan Arms or The Anglesea Arms. For serious partying, anything goes. Aura, Mahiki, Cuckoo, The Box, Public....

What is the Millionaire bank in London? ›

Coutts & Co. /ˈkuːts/ is a British private bank and wealth manager headquartered in London, England. Coutts & Co.

What is the lifestyle of a banker in London? ›

1. Work Environment: Banking in London often involves a fast-paced and high-pressure work environment. Long working hours are common, especially in roles such as investment banking or trading. The work culture can be demanding, with a focus on meeting deadlines, achieving targets, and managing client relationships.

Where is the largest financial district in London? ›

The Square Mile, also known as the City of London or “the City,” represents the historical and financial core, housing major institutions like the Bank of England and the London Stock Exchange. Lombard Street, situated within the City, has historical significance associated with banking.

Where do hedge fund managers live in London? ›

The Mayfair and St James's district, including the so-called "hedge fund alley" of Curzon Street and Berkeley Square, contains some of London's most expensive shops and restaurants and is a short walk across Hyde Park for numerous fund managers living in upmarket residential areas like Knightsbridge and Chelsea.

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