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Senior bankers are doing something unheard of with their bonuses to hold on to junior staff

Portia CroweJan 19, 2016, 23:54 IST

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Deutsche Bank is so desperate to keep junior bankers happy that some managing directors are taking a cut to their own bonuses to give junior bankers a little more.

That's according to The Financial Times' Laura Noonan and Alistair Gray, who report that some managers are doing so on a "'case by case' basis" in what is expected to be a rough year for bonuses.

US banks are in the midst of bonus season right now, with European banks set to communicate bonuses to staff in a couple of weeks.

Read the full report in The FT »

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