And, most importantly, "Neither Deutsche Bank nor the DMG technology group has attempted to 'shop' the group to other investment banks," it said. DMG's contract with its German bosses won't expire until well into the next century. But the unusual letter of denial from the firm checks off a list of points aimed at deflating those rumors: Deutsche Bank "could not be more pleased" with DMG tech, the letter says - and vice versa. That history alone seems to have given the rumors of his departure some legs. ![]() Nonetheless, Quattrone declared himself unhappy with management and his remuneration and signed on with DMG in 1996, lured by a reported three-year deal worth $20 million, plus incentives.
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