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PJT Partners hikes pay 72% as first quarter fees hit record

Investment Banking Editor

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PJT Partners hiked pay costs by 72% in the first quarter, continuing to hire dealmakers as quarterly revenue swelled to a record high. 

The boutique investment bank run by former Morgan Stanley dealmaker Paul Taubman brought in $329.4m in the first quarter of 2024, an increase of 65% on the prior year.

The boutique is continuing to hire as rivals have cut back

Paul Clarke

Banking

Business

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