Unfounded Rumor Of The Morning: Raises At Bank of America?

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Supposedly many at BAC-MER are getting raises to their base compensation. It seems very widespread overseas, especially in Hong Kong and London. But back in the land of Barney Frank and Maxine Waters, less so. I've only heard this so far on the Merrill legacy side (at all title levels), though I would think it'd happen for the BAC-ers as well.

This, presumably, has something to do with this.

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