Private equity pay leaves investment bankers in the dust
Last year investment banks doled out big bonuses and other perks to stave off burnout among their ranks and keep the grunt work behind a record dealmaking boom moving.
Bankers’ pay soared in 2021, rekindling faint memories of the industry’s pre-crisis glory days as depicted in this video, which you probably tried to erase from your memory.
But the sums generated by private equity workers — who many bankers effectively service by raising debt and equity for their deals — were far greater.
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