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Goldman Sachs joins Wall Street rivals in boosting junior banker salaries – CNBC

The move establishes a new floor for compensation among major Wall Street investment banking programs.

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There’s a new minimum wage on Wall Street.
Goldman Sachs is giving its junior bankers a pay raise, the last major Wall Street firm to do so in a year where record deal-making activity has led to fierce competition for workers.
First-year analysts the most…

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