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PJT Partners hike pay by 19% as M&A boom rolls on at boutique bank
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Boutique investment bank PJT Partners' fees from M&A work surged by 19% during the first quarter despite concerns that the conflict in Ukraine has stalled dealmaking.
The bank, started by former Morgan Stanley investment banker Paul Taubman in 2015, made $181.7m in advisory fees during the first quarter, it said in a 26 April statement announcing its results.
Despite...
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