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Interns Are Making Over $16,000 a Month as Wall Street Talent Wars Heat Up

Top global investment banks boosted intern compensation by 37.2% this year.

Wall Street Interns Return To Office, And Nightlife, After A Year Of Zoom Meetings
Photographer: Michael Nagle/Bloomberg
Corrected

As top firms shell out millions in the battle for Wall Street’s best and brightest, even interns are seeing their compensation soar.

Top global investment banks boosted intern pay by 37.2% for the current internship season from a year earlier, while other large banks are paying 36.9% more, according to finance career site Wall Street Oasis.