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Bank of America increases dealmaker bonuses by up to 50%
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Bank of America's bonus payments for dealmakers surged by as much as 50% in 2021 as large investment banks hiked pay in a fierce battle for talent.
The US lender, which announced bonuses for staff on 26 January, increased variable compensation by 40-50% for investment bankers, according to people familiar with the rises.
The increase is in...
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