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.