While three bankers who got fired had insisted that the fat tab was rung up at a steakhouse, insiders said a junior banker who had tagged along confessed that the staffers had actually headed to a strip club.
We do not condone violations of our Code of Conduct or Company Policy and take remedial action as appropriate based on the severity of circumstances. The Bank declines to comment further on the circumstances of this particular matter. At Deutsche Bank, bonuses for top employees โ typically a mix of stock and cash โ are mostly deferred or vested several years, people with knowledge told The Post.
The goal is to tie top employees to the long-term performance of the firm by holding onto some of their bonuses, people add. When a worker is fired for cause, he loses all the deferred compensation he has accrued. Losing all the deferred compensation, however, could actually make it easier for them to find jobs elsewhere, a source told The Post. First American hostage, dad of youngest captive held in Gaza among next to be released by Hamas, terror group says.
Deutsche Bank fired four financiers for expensing a night at a strip club -- then covering it up. Deutsche Bank fired several top employees because they didn't tell the truth about submitting an expense report for a strip club restaurant, sources told The Post. The lone employee who told the truth about the strip-club expense didn't get fired, a source familiar with the matter told The Post. You are viewing 1 of 3 images Previous Image Next Image.
