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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 ,