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Deutsche Bank caps bonuses
Deutsche Bank has taken a page from Morgan Stanley playbook on capping bonuses. But they have deferred bonuses awards (cash and stock) in excess of 200,000 euros, or about $265,000. Recall that Morgan Stanley deferred cash bonus awards over $125,000. At Deutsche Bank, awards over 200,000 will be paid out half in cash and half in stock over three years. And awards below 200,000 will also be half cash, half stock. Article
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