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Deutsche Bank to cut investment banking bonus pool by 40%, FT reports
The Fly

Deutsche Bank to cut investment banking bonus pool by 40%, FT reports

Deutsche Bank is cutting the bonus pool for investment bankers by 40% but plans to increase the payouts for traders, The Financial Times’ Stephen Morris, Arash Massoudi and Olaf Storbeck report. According to people familiar with the matter, 10% overall cut in the bonus pool for Deutsche’s investment banking unit would disproportionately affect dealmakers in mergers and acquisitions and capital markets. Reference Link

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