JPM Boosting Salaries for All FO roles (S&T, Research, WM)?

Anyone confirm the rumour that JPM boosted salaries for all FO workers in an internal email?  Returning to the standard that all junior FO employees are paid the same base?  Will this lead to other BB's matching for junior trading and research aswell?

30 Comments
 

Have heard several confirmations for Private Bank / AWM but can anyone definitively confirm that this is S&T as well?

 

Anyone know if this is NYC only or if it applies to London/HK/SG etc. as well?

 

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