Thursday, February 3, 2011

Deutsche Bank, Interesting Stories

First, is Deutsche Bank's profit dropping due to a one time cost in the integration of Deutsche Postbank.  Guidance was positive, and growth in other key segments was better than estimated.  The article is here: http://www.cnbc.com/id/41401413

Second, is how DB now pays investment bankers more than Goldman.  The average number is more than $500,000 last year, and here is the article: http://www.cnbc.com/id/41403338

With all this news, it will be interesting to see how the internship hiring season goes.  Imagine yourself with the following decision to make ...

"Do I go with the historical best-in-class, infamous, Goldman Sachs, or the new up and coming, highest paying Deutsche Bank."

Not a bad predicament to find yourself in.

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