Legend at Deutsche Bank

While I was discussing who might succeed Ackermann, a friend mention the existence of a Legend at DB who might be the new CEO. He is simply known as Don Legend at the bank and pulls in more than EUR 20million a year even though he's not on the Board. Anyone know who this might be and what he does?, im assuming he works in trading.

14 Comments
 
derivstrading20 mil at an BB seat is not that huge, certainly not enough to be classed as legendary.

And board members dont really bring in money so dont know what you are trying to say there.

thats 20mn EUR which was 30mn USD last year. what makes legendary is that he will succeed Ackermann.

 
Unionbusters without Borders
derivstrading20 mil at an BB seat is not that huge, certainly not enough to be classed as legendary.

And board members dont really bring in money so dont know what you are trying to say there.

thats 20mn EUR which was 30mn USD last year. what makes legendary is that he will succeed Ackermann.

The guy who will succeed Ackermann will be Anshu Jain. At the moment they are planning to bring in another member as Co-CEO which should have as excellent relation/connection to Berlin and Europe as Ackermann has (which will be impossible imho). Therefore I don't think another Investment Banker/Trader will lead the company with Anshu Jain together.

 
derivstrading20 mil at an BB seat is not that huge, certainly not enough to be classed as legendary.

And board members dont really bring in money so dont know what you are trying to say there.

board member bring in a lot, just ask Dimon or Blankfein

 
Unionbusters without Borders
derivstrading20 mil at an BB seat is not that huge, certainly not enough to be classed as legendary.

And board members dont really bring in money so dont know what you are trying to say there.

board member bring in a lot, just ask Dimon or Blankfein

my bad I was thinking in terms of revenue brought in, as in he brought in 20 mil. 20 mil in comp is huge.

 

Ut et repellat hic fugiat. Voluptate aperiam qui odio aut consequatur. Omnis qui veritatis et.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”