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UBS hikes junior pay for Wall Street analysts to $110,000
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fnlondon.comUBS has hiked salaries for its junior bankers for the second time in a year, bringing it in line with Wall Street rivals, as banks continue to battle to retain those on the lowest rung of the career ladder.
The Swiss bank has increased entry-level pay for analysts in the US to $110,000, according to people familiar with the matter, up from the $100,000 salaries introduced in August last year.
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