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French bank hits six figures as pay rises sweep across the sector

Investment Banking Editor

BNP Paribas has raised salaries for entry-level investment bankers in the US to $100,000, the latest bank to hike pay amid a battle for young talent.

The French bank has increased pay from $85,000 to $100,000, matching the vast majority of large investment banks on Wall Street, which have moved to boost pay amid an increase in departures at the junior level.

BNP Paribas joins Wall Street salary bidding war for junior bankers

Paul Clarke

BNP Paribas

Barclays

Citigroup

Deutsche Bank

Morgan Stanley

Goldman Sachs

HSBC

Lazard

Credit Suisse

Societe Generale

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