(CNBC)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 junior of investment bankers who are typically recent college graduates — will be paid a $110,000.
Goldman Sachs joins Wall Street rivals in boosting junior banker salaries
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