From the mailbag:

Zee Germans at Deutsche are delaying IB analyst comp a month, with payouts coming Aug. 13.

Clearly this is being done to fight inevitable attrition and avoid making any kind of leadership move (and to ensure continued below Street comp). They didn’t even give a shitty excuse for why, besides admitting “to follow the rest of the Street.” Played flawlessly like a true second-tier shop.

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Comments (35)

  1. Posted by Anonymous | June 23, 2010 at 3:39 PM

    Thank god the windows at 60 Wall don’t open…

  2. Posted by Anonymous | June 23, 2010 at 3:46 PM

    “Played flawlessly like a true second-tier shop.”

    So you knew it was second-tier when you joined and you’re now complaining?

  3. Posted by NakedShort | June 23, 2010 at 3:46 PM

    Deutsche Bags

  4. Posted by Anonymous | June 23, 2010 at 3:50 PM

    Deutsche Bank, A.G.

    Short form: DBAG

    ’nuff said.

  5. Posted by volatilitysmile | June 23, 2010 at 3:52 PM

    Deutsche to analyst staff: see that sushi roll combo there? Go fetch.

    The underlying message to 2nd yr analysts is that you are less valuable than you think. Maybe if you start adding value (or if you stop burning your VPs matcha), you will be promoted?

  6. Posted by InfiniteGuest | June 23, 2010 at 3:59 PM

    Just don’t mention the war.

  7. Posted by CoveredLong | June 23, 2010 at 4:01 PM

    1st year bonuses will be paid in license plates reading:

    “DB – 1″

  8. Posted by Anonymous | June 23, 2010 at 4:03 PM

    This would never happen at Raymond James.

  9. Posted by b2b MD | June 23, 2010 at 4:05 PM

    @Covered..well played..

  10. Posted by Bike | June 23, 2010 at 4:07 PM

    They are hoping to convince a couple of interns to stick around for half the price. The Germans can flush out some of dullards

  11. Posted by Anonymous | June 23, 2010 at 4:21 PM

    they are serving schnauzer in the cafeteria for the analysts living paycheck to paycheck

  12. Posted by OHHHHYEAAAAHHH!!! | June 23, 2010 at 4:32 PM

    when getting sour on krauts goes wrong

  13. Posted by Anonymous | June 23, 2010 at 4:33 PM

    F ‘em. They’re all replaceable!

    -MD of

  14. Posted by OHHHHYEAAAAHHH!!! | June 23, 2010 at 4:33 PM

    btw…where’s Anal_yst with his standard terrible comments that make me stab myself in the eye with my bic?

  15. Posted by Anonymous | June 23, 2010 at 4:41 PM

    Over/Under that they under cut Macquire?

  16. Posted by Anonymous | June 23, 2010 at 4:46 PM

    I heard DB is dealing with the internal dissent by setting up a complaints department in what used to be the gym showers.

  17. Posted by Bike | June 23, 2010 at 4:51 PM

    @16 That’s wrong

  18. Posted by Anonymous | June 23, 2010 at 4:52 PM

    @17 so was financing WW2

  19. Posted by Anonymous | June 23, 2010 at 4:54 PM

    @18 wrong, IRR was tremendous from 1939-1943

  20. Posted by Anonymous | June 23, 2010 at 4:55 PM

    @19 my b

    18

  21. Posted by Anal_yst | June 23, 2010 at 5:12 PM

    @14

    You must be one helluva masochist if a simple blog comment makes you stab yourself, huh?

  22. Posted by Anal_yst | June 23, 2010 at 5:25 PM

    …or @14 is Kouwe, or both.

  23. Posted by Anon | June 23, 2010 at 5:41 PM

    @11 Don’t order the Schnitzel, they’re using Schnauzer.

  24. Posted by OptionsTrader | June 23, 2010 at 5:48 PM

    @22 Dude, the community bank small loans department closes at 5. What are you still doing here?

  25. Posted by Anonymous | June 23, 2010 at 5:49 PM

    Schweinhund!!!

  26. Posted by Anonymous | June 23, 2010 at 6:14 PM

    why all the anal_yst hate? If you’re going to pick on someone for incredibly dumb comments at least go after tax chick, geez…

  27. Posted by Anonymous | June 23, 2010 at 6:21 PM

    @21,22 – Shut the fuck up Kouw_analyst!! And 26, ZK>TC>Anal_yst

  28. Posted by Anonymous | June 23, 2010 at 6:48 PM

    @26: or Anonymous

  29. Posted by adam gold | June 23, 2010 at 7:55 PM

    I can guarantee that Goldman Sachs will not delay bonuses this year. Likely record bonuses again. Great job Blankfein.

  30. Posted by Fixed Income | June 23, 2010 at 10:34 PM

    Take comfort that you’re still number 1 in the goose stepping league tables and absolutely nothing else. With any luck people will not notice how over levered you are.

    – Fixed Income

  31. Posted by Anonymous | June 23, 2010 at 11:52 PM

    @24: ditto, I thought the back office gets busy after trading cut-off time?

  32. Posted by Jeffrey | June 24, 2010 at 10:53 AM

    Be happy you dont work at GE Capital

  33. Posted by anon | June 24, 2010 at 12:00 PM

    Lazard top 3rd Yr analyst 120, 210 all-in (does not include 35 signing for Associate promote)

  34. Posted by Anonymous | June 28, 2010 at 3:57 PM

    @29

    GS delayed bonuses, that’s why everyone else is delaying to make sure they are close or relatively close…

  35. Posted by Anonymous | June 30, 2010 at 12:21 PM

    @34 is an idiot..GS analyst bonus numbers come out in January and are paid in February

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