Junior bankers at Lazard now the highest-paid on Wall Street, pulling in $200K

Junior bankers at boutique firm Lazard are now the highest paid on Wall Street, after Lazard raised salaries for all associates by $50,000, according to a report.

Base pay for Lazard associates will jump to $200,000 from $150,000 for first-year associates, to $225,000 from $175,000 for second-year associates and to $250,000 from $200,000 for third-year associates, according to Insider. READ MORE