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JPMorgan (JPM) reportedly cut investment banker pay by only 3% in 2012, far less than the...

  • Wednesday, February 6, 9:05 AM ET
    JPMorgan (JPM) reportedly cut investment banker pay by only 3% in 2012, far less than the double-digit amount some had been braced for. This comes as M&A fees fell 17% and equity underwriting fees fell 13% last year.
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