BofA and CS increased pay for junior bankers. However, I accepted an offer to another BB. Do you think other BBs will follow suit with the pay increases? Any VPs/directors at BBs who might know if this might happen?
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Yes, all other non GS BBs will probably follow.
Do you think top MMs like Jefferies/HL will increase too. Im' incoming at one of those and would be nice
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Does anyone know if the pay increases will apply to all divisions (S&T, ER, AM, etc...) within BBs or only for IB?
bump
Any news on whether MS has bumped yet / is going to?
Bump
I think GS/MS & EVR + the other EB's will all do increases. But I believe it's a game of chicken where the EB's are waiting for all the BB raises & then plan on one-upping them. Which is why it's taken so long for GS/MS/EB firms to raise compensation.
I know it didn't answer your question, but I believe all of them will, it just may take a few months
Agree, expect $110k to be the standard for A1 pay at Evercore / PJT a year from now
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