According to a report by compensation consultancy firm Johnson Associates, released in September, prime brokerage employees are expected to have the highest salary package increases this year in banking, at between 10% and 15%. That compares with investment banking, where compensation is expected to be between 5% lower and 5% higher than last year.
Compensation is growing largely a result of increased demand for prime brokerage talent, as banks realize that it is time to rebuild after the crisis.
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