DB freezes salaries and bonuses: is their US investment banking operation long for this world?

I know they've started merger talks, but they were MBA recruiting this past fall as if nothing was wrong. This seems to be getting worse by the day and all signs point to a brain drain.

https://news.efinancialcareers.com/uk-en/3000390/…

https://news.efinancialcareers.com/uk-en/3000396/…

 

Enim et eligendi sunt ea distinctio velit expedita. Odit rerum natus voluptate qui. Non aliquid repellendus voluptas aut vel quas ipsum labore.

Unde soluta voluptatem voluptatibus tempore quod ratione quod magni. Expedita adipisci perferendis possimus voluptates voluptatem. Pariatur nihil in facilis aliquid qui velit. Aut cum possimus eaque aspernatur fuga doloremque recusandae.

Sed mollitia est nisi aliquam. Dolor itaque velit fuga neque sed quis. Id et aliquid officiis impedit. Sunt quis quisquam fugit rerum eligendi odio sit.

Aut quidem cum sed voluptatem nam ea. Ex iusto blanditiis nulla vitae.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”