Morgan Stanley raising investment-banking, GCM analyst base pay to $100,000

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Morgan Stanley just raised base pay for first- and second-year investment-banking and capital markets analysts worldwide, with entry-level bankers now making $100,000

and Deutsche Bank also raised junior comp, with both firms bringing first-year analyst salaries up to $100,000 before bonus.with Bloomberg TV on Wednesday morning, Deutsche Bank CFO James von Moltke addressed his firm's pay raises.

"We obviously aim to hire the best talent. To do so, we have to pay competitively" von Moltke said."In some senses, in some markets, a catch-up, after some years of relatively stagnant pay, and in other areas, there are different dynamics, but we certainly see some inflation of our labor costs." Goldman Sachs now remains as the most notable Wall Street firm to hold off from implementing raises so far. about the firm's evaluation of possible salary raises, explaining that the bank operates on a"pay-for-performance" model.

At Goldman Sachs, analysts' fiscal-year ends on July 31 and bonuses hit accounts in August."I would tell you to expect to see us pay appropriately during our normal cycle," Solomon said at the time.Subscribe to push notifications

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 729. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

good luck

The rich get richer, twas ever thus.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Morgan Stanley names 4 global stocks that are about to surprise markets to the upsideNew for subscribers: Morgan Stanley names 4 global stocks that are about to surprise markets to the upside. Check out CNBCPro today.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Morgan Stanley names 4 global stocks that are about to surprise markets to the upsideNew for subscribers: Morgan Stanley names 4 global stocks that are about to surprise markets to the upside. Check out CNBCPro today.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »