CITI PAY INCREASE!!!
With CITI being the third BB to announce 100k base pay for ANL1, that makes 3/9 (33%) of the BBs…now we are really going to see (and quickly) how the rest of the industry reacts… For which banks it be a real increase in total comp and for which banks will it be take out of the bonus? How will the rest of the BBs respond? How will the EBs respond? What bout MM? What about PE (or even MBB)? Will A2A become more attractive that jumping ship after 2 years to go to PE? Leave your thoughts below !