Investment Bank Compensation: Brazil Pay Leads EM
As competition to attract talent intensifies, Brazilian investment bank pay could spiral out of control. Upwards salary pressure shows no signs of abating.
by Natalie Feary
Emboldened by Brazils stellar performance through crisis
and almost a decade of stability, investment banks are bidding
up talent on the ground. While the world may be unsure about a
double dip, senior LatAm banking management appears convinced
Brazil will shine even if there are further shocks. Global
banks expanding platforms, established local players striking
back, and latecomers to the feast are pushing recruitment to
the top of the agenda.
The fourth annual
compensation survey by LatinFinance in association
with global recruitment firm Options Group shows Brazilian pay
rises returning to pre-crisis levels. Brazil investment banking
compensation has rebounded faster than in other emerging
markets, with remuneration expected to be at least 25% higher
than in China and India, and around 40% more than elsewhere in
"Banks have been given the green light to take risks. There
is definitely the appetite to keep growing and...
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