Following a Morgan Stanley
Goldman Sachs Group
BofA spokeswoman Jessica Oppenheim was quoted as telling the paper that pressures in the investment-banking and capital-markets businesses continue to be intense, adding that the bank would take the steps necessary to retain key employees.
Goldman and JPMorgan declined to comment, the paper said.
BofA, Citigroup, JPMorgan and Goldman could not be immediately reached for comment by Reuters.
Morgan Stanley said last week it raised the base salaries of senior officers to $800,000, but does not plan to raise total compensation.
(Reporting by Ajay Kamalakaran in Bangalore; Editing by Greg Mahlich)