Investment Banking

Bank of America investment bank boss Matthew Koder handed 5% pay rise to $16.5m

Markets boss Jim DeMare was paid $21m for the year, up by 11%

Key executives across Bank of America's investment bank received pay increases for 2023
Key executives across Bank of America's investment bank received pay increases for 2023 Photo: Getty Images

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Pay for Bank of America's investment bank head, Matthew Koder, jump 5% last year, despite a deal slump across the industry as the Wall Street bank also hiked compensation for its markets boss.

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