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Why $100,000 pay still isn’t enough for junior bankers: ‘90% of my team is gone’
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fnlondon.comHuge salaries, free Pelotons and a hiring spree — banks are pulling out all the stops to retain young talent. It’s just not enough.
Banks have struggled to stem the burnout crisis as deal activity soars. They hauled in a record $93bn in fees during the first nine months of the year, according to data provider Dealogic and the bonanza shows little sign of easing off.
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