Enthusiasm for stock options has spread beyond the executive suites-and outside the United States. This week, Deutsche Bank AG said it plans to offer stock options to all its 75,306 employees. Its present stock option plan applies to senior executives only.
A shareholder vote on the plan is scheduled for mid-May. The plan aims to boost performance and rally the rank-and-file, a spokesman said. Deutsche Bank's shares have dipped 2% since the beginning of the year. The bank has ambitions to expand outside Germany, including a pending $10.1 billion acquisition of New York-based Bankers Trust Corp. Already, one- third of its employees are based outside Germany.