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Chinese brokerages boost junior banker pay by up to 30% in Hong Kong due to increased dealmaking.
Chinese brokerages like Citic Securities and CMB International are increasing pay for junior bankers in Hong Kong by up to 30% to manage a surge in dealmaking, especially with mainland Chinese companies listing there.
This marks a reversal after pay cuts and reduced bonuses in recent years.
The raises aim to improve retention amid higher workloads and competition for talent.
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Las corredurías chinas aumentan los salarios de los banqueros junior en hasta un 30% en Hong Kong debido al aumento de las transacciones.