I know the pay delta means that folks in DCM usually take a slight haircut relative to LevFin, M&A & industry groups. But is this the same for MD's?
Any anecdotal stories?
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The higher you get in DCM the larger the pay variance between LevFin/M&A.
Not a big difference at the analyst and associate level.
An MD at a large DCM bank can pull in around $750k+
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