IBanking Pay is On the Rise
An article on April 17th, 2006 in the Investment Dealers Digest on how i-Bankers compensation is up.
After several years of working in the shadow of traders and fixed-income professionals, investment bankers in the US are finally getting some respect. Bolstered by a sparkling year in M&A, which logged its highest volume since 2000, Wall Street firms boosted the compensation they paid to investment bankers by some 20% in 2005, roughly double the 10% increase paid to traders and debt professionals, according to Johnson Associates, a compensation consultancy.
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