London Advisory Bankers Paid More Than Traders, Survey Says

  • 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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