Keeping the Best on Board.

The article focuses on high salaries offered to managing directors (MDs) in investment banks in Brazil to maintain them. It mentions that the trend may decline due to job cuts in international banks worldwide which has suffered declines in revenue as to problems in the European and U.S. markets. It also notes high base salaries for managing directors (MDs) in the mergers and acquisition (M&A) markets as well as in the equity capital market (ECM) and debt capital market (DCM).