August 28th, 2012
08:01 AM GMT
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(CNN) – Another week, another round of news that suggests it’s a bad time to be a banker.

First came news Deutsche Bank became the first global bank to that could claw back payouts. Deutsche Bank's clawback rules allow it to take away from newly hired senior staff the un-vested equity bonuses earned at previous employers - if they were turned into Deutsche Bank shares. This is a significant tightening of bonus rules by Europe's largest lender, CNN’s Jim Boulden says. Pay consultants say the rule is unusual in the banking world and comes as European banks now hold employees accountable for questionable behavior.

But the question remains: Will other banks follow? And will the new rules give Deutsche Bank trouble recruiting?

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