This is pretty wild, but at the same time, it should be noted that SVB is a commercial bank. The average salary at J.P. Morgan is much lower because they have t

This is pretty wild, but at the same time, it should be noted that SVB is a commercial bank. The average salary at J.P. Morgan is much lower because they have tons of people working relatively low wage teller (and other retail branch) jobs. I suspect that if you took only those employees in the divisions competing against SVP, the JPM numbers would be much closer. Keep in mind that it’s precisely because they service only commercial clients that the recent issues his signature and SVB. Very few individuals have more than $250k in a single bank, so there’s no reason for individuals to run on the bank. On the other hand, $250k is not all that much if you are a business with a decent sized payroll.