May 22, 2013

Investment bank graduate salary increases to £50,000 in wake of scandals

The investment bank salary for a graduate has increased by approximately 5 percent to reach between £45,000 and £50,000 according to newly published information.

A report stemming from the Daily Telegraph states that banks have increased their investment bank graduate salary due to lure in graduates in the wake of reputation damages suffered in wake of various scandals.

Speaking to the paper, a PwC partner noted that ‘banker bashing’ is definitely having a negative impact on graduates decisions to join financial firms in the city.

He added that investment banks pay far more than other graduates, even without the five percent increase in place.

 

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