"UBS AG raised banker base pay 50 percent and Bank of America Corp., which bought Merrill Lynch & Co., said in March it might boost salaries as a proportion of total compensation. "
So I am guessing UBS pays a starting analyst salary of 90K now. Does anyone know more about these compensation changes and what each bank is specifically doing?
Here is the link: http://www.bloomberg.com/apps/news?pid=newsarchiv…
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Think that was just for the employees on the calendar year bonus structure. AFAIK, UBS analysts still make only $60k base.
Yep, UBS analyst comp is still the same.
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