Particular-Wedding t1_iyn2o6f wrote
Reply to comment by Damany in Morgan Stanley finally lures bankers back to the office 5 days a week by smallint
Big IBs don't actually pay that well. They can get away with underpaying due to a line of people out the door consisting of fresh faced, 22 year olds eager to pad their resumes. It is the middle tier and niche banks on the sell side, plus the aforementioned buy side firms by other posters who are forced to go hybrid. Not b/c they want to but because they need to in order to attract and retain talent.
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