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apple developer:HSBC increases U.S. first-year analysts pay to $100,000


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LONDON, Aug 4 - HSBC has increased payfor first-year analysts in its United States investment bankingbusiness to $100,000 from $85,000, a source familiar with thematter said on Wednesday, following similar moves by Wall Streetrivals in recent weeks.

The decision, first reported by Financial News, was takenseveral weeks ago but was communicated to staff this week, thesource said, and pay rises for those further up the junior rankswere awarded in May. REUTERS



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