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Junior dealmakers have had a 30% pay hike in 12 months: Here’s how much every bank is paying
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Dealmakers on the bottom rung of the investment banking hierarchy have enjoyed 30% pay hikes in the past year as firms have battled to retain junior talent and have been forced to keep pace with rivals on salary increases.
Deutsche Bank is set to raise starting salaries for its analysts to $110,000 in October, making it the last investment bank in the top 10 fee league tables to hike pay for a second time in 12 months.
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