TITLE

Deutsche Revamps Sales-Traders' Pay

AUTHOR(S)
Santini, Laura
PUB. DATE
March 2004
SOURCE
Investment Dealers' Digest;3/15/2004, Vol. 70 Issue 11, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Deutsche Bank AG is switching its equity sales trading team to a commission compensation scheme. Speculation among rivals that the firm is shifting its trading strategy to adopt a more straightforward, agency execution model instead of capital-intensive market making; Speculations that Greg Rosenberg, head of cash trading at Deutsche Bank, may step down from management to fill a sales-trading position at the firm; Rumors that Deutsche Bank is considering merging with another investment bank.
ACCESSION #
12534701

 

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