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Goldman Sachs pay surges to 14-year high of $17.7bn as dealmaking booms
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fnlondon.comPay at Goldman Sachs has skyrocketed to a 14-year high, as Wall Street banks struggle to keep a lid on compensation costs during an unprecedented boom in deals.
The US bank spent $17.7bn on pay in 2021, and increase of 33% on the previous year and the highest figure since the pre-crisis boom of 2007, fuelled by a battle for top dealmakers and strong trading revenues.
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