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Comp Watch '09: Deutsche Bank

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Zee Germans, just like everyone else, are raising base pay. Supposedly global banking employees were informed yesterday that first years are being bumped to 60k, second years 70k, third years 80k and first year associates 95k. One HY informed us that he and his colleagues are "extremely displeased" with numbers, as they are "insulting low compared to competitors (even Jefferies, for God's sake)."