For the last several years, despite the booming American economy, heads of bank investment sales departments have not seen the good times reflected in their paychecks. On average, they did not receive an increase in base pay in three years. Last year, however, that finally changed.

After a long drought, the base compensation for the heads of bank investment sales units increased 10 percent in 1999, to $119,450, according to a survey released last week.

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