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Bank of America increases base pay to keep top-tier bankers
Bank of America is among Wall Street firms seeking to hold onto employees at risk of being poached as competition for top performers escalates.
New york
United states
Amir hamja bloomberg
Alastair borthwick
Goldman sachs group
Payouts at bank
Wall street
America tower
North carolina based
Chief financial officer alastair borthwick
Workforce management
BofA increases base pay for top-tier bankers by 25pc
Bank of America increased base salaries for its managing directors in investment banking and markets to $US500,000. Directors received a 40pc bump.
United states
Alastair borthwick
Payouts at bank
Goldman sachs group
Wall street
North carolina based
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