white men with slightly less money
Bank of America Pay Will Indeed Drop Sharply
As expected (and as seen at the likes of Goldman Sachs, Morgan Stanley, etc.), compensation for investment bankers at Bank of America will drop about 25 percent compared to last year, including salaries and bonuses, Bloomberg reports. Employees with some experience are still expected to make from around $500,000 to "the millions." Ah, the millions.
BofA: Investment Bankers Face 25% Pay Cut [Bloomberg]
