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JPMorgan hikes junior pay again as banking salaries spiral
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JPMorgan has increased junior salaries for the second time in six months — the fourth major investment bank to do so — as pay across the sector has spiralled.
Entry-level pay for bankers at JPMorgan have increased from $100,000 to $110,000, according to people familiar with the matter. This is a near 40% increase since the beginning of 2021, when first year salaries were $80,000 across Wall Street.
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Read more on fnlondon.comAbout this in other media
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Bank of America hikes analyst pay again amid battle for junior bankers fnlondon.com /2 years ago
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