Bonus Watch '10: Deutsche Bank
From an unhappy German:
Not a single investment banker I spoke with from any industry or product groups was happy with their number. A bonus of more than 140 resulted in 30-35% deferred compensation. Third year associates getting promoted were told they had to pay for their promotion and were "taxed." The ranges for IB associates (just bonus) are as follows:
Stub: 45 (up from 18 last year)
1st year: 70-175
2nd year: 100-200
3rd year: 140-300
