Nomura bolstered entry-level investment banker salaries to $100,000, mirroring moves by Wall Street banks in recent weeks as the battle for junior talent heats up.

The Japanese bank told analysts that salaries would increase from July, according to people familiar with the matter. The move means that Nomura's salaries for juniors now match JPMorgan, Barclays and Citigroup, which have all increased pay in recent weeks to $100,000 for entry-level roles, as well as bolstering pay further up the ranks.