Report: Deutsche Bank plans to increase bonus pool by over 5%, but the increase is lower than some of its Wall Street peers

According to sources, Deutsche Bank plans to increase last year’s bonus pool by more than 5%, which is below some of its Wall Street peers. This figure is an average, and the actual increase may vary depending on performance. This upward adjustment will put Deutsche Bank behind some of the largest investment banks on Wall Street. Given the strong annual performance in underwriting and trading, JPMorgan Chase, Goldman Sachs, and Bank of America have all increased their bankers’ and traders’ bonus pools by at least 10%. (Bloomberg)

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