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PJT Partners hikes banker pay by 5% as dealmaking fees rise
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fnlondon.comBoutique investment bank PJT Partners increased pay for its bankers by 5% as advisory revenue largely held up despite an industry-wide slump in fees.
The bank, headed up by former Morgan Stanley dealmaker Paul Taubman, spent $669.1m on compensation in 2022, according to newly-released accounts, up by 5% on a year earlier.
Revenue within its...
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