Wall Street Talent Battle Deepens

The video discusses the recent trend of salary increases for junior bankers on Wall Street, highlighting JP Morgan's and Jeffries' pay raises. It explores the competitive implications for banks that haven't increased salaries and the resulting talent war in the banking industry. The video also mentions how some banks may need to offer bonuses to remain competitive.

Which banks were among the first to raise their first-year banker pay?

What strategies might banks use to address discrepancies in pay?