London Advisory Bankers Paid More Than Traders, Survey SaysBy
M&A banker 326,000-pound average pay is 16% more than traders
Biggest European banks retooling to focus more on deal-making
Bankers in London advising on mergers and acquisitions get paid more than the city’s traders for the first time since 2012 as the biggest lenders focus more on deal-making and pull back from dealing in securities, according to an industry survey.
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