European Banks Are Poaching From US Rivals, With 30% Pay Hikes

(Bloomberg) European investment banks are back in the hiring game, raising the stakes for compensation on both sides of the Atlantic. Firms including Barclays Plc and Deutsche Bank AG have been seeking to regain trading share by poaching personnel from American rivals….. For traders and salespeople…European banks are offering pay packages as much as 30 percent higher and guaranteed bonuses in some cases.

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