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RBC Capital Markets to hike associate bonuses as junior talent war continues
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RBC Capital Markets is bolstering bonuses for its associates to around 100% of salary this year — a bellwether of what to expect from Wall Street rivals in 2022 as banks battle to retain junior talent.
The Canadian bank, which pays bonuses in December, is set to hike payments for associates this year, according to people familiar with the matter.
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