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Bank of America has increased salaries for analysts twice over the past year as it has kept pace with rapid pay rises by rival investment banks

Investment Banking Editor

Bank of America has maintained generous bonus payments for junior bankers as some of its rivals have cut back after successive salary increases over the past year.

The US investment bank told its analysts about their bonus numbers on 29 July, according to juniors contacted by 

, with payments coming in at between 75-100% of base salary.

Bank of America juniors say they’re getting up to 100% of salary in bonuses

Bank of America maintains junior bonuses as some rivals cut back

That's as rivals cut back on payouts for younger staff

Paul Clarke

Bank of America

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