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Morgan Stanley bumps first-year analyst base pay to $100K

July 29, 2021

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Morgan Stanley is boosting annual base pay by $15,000 for first- and second-year analysts in the bank’s investment-banking and global capital markets divisions, it announced Wednesday, according to Business Insider.

The increases, effective Aug. 1, bump compensation to $100,000 for first-year bankers and $105,000 for second-years from $85,000 and $90,000, respectively, the publication reported.

The move aligns Morgan Stanley with rivals such as JPMorgan Chase, Citi, Barclays and Deutsche Bank, which all pushed their starting salaries to six figures over the past weeks.

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