Lol seriously. Nowadays, new grads has lots of expectation. Why do you think they will give you 14% increment in first year unless you are promoted? This is ops job. Pay is low, the bank is also struggle.

If you are not part of the MA program, you won't have the privilege for good hike unless you perform well. That is also why MA program has higher entry bar, because they except you to perform better than others and career progression is also faster. I also doubt you will get 14% increment, most likely 5% to 7%. This is already considered good for European companies.

European banks are struggle, don't think they have a lot of money to feed you.