Never underestimate Deutsche Bank’s ability to dig itself into a deeper hole. Deutsche Bank bonus pay is excessive and ill-timed, by CGAThompson:
Deutsche Bank's management board members received their first bonuses in four years, according to the bank's annual report published on 22 March.
The management board received total pay, including bonuses, of 55.7 million euros in 2018, up from 29.8 million euros a year earlier, Deutsche Bank's annual report said. The bank's bonus pool for 2018 was 1.9 billion euros, down 14 percent from 2.3 billion euros a year earlier. The decline was partly due to a reduction in headcount, Reuters reported on March 22, quoting the bank.
Litigation costs are expected to be"significantly higher" in 2019 than in 2018, the bank also said in the report. Deutsche Bank is talking to rival Commerzbank about a proposed merger, which trade unions have said could result in big job cuts.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe's central bank just flashed a warning for any potential Deutsche Bank-Commerzbank merger'I do not particularly like the idea of national champions, of European champions,' the eurozone's top financial supervisor told the Financial Times.
Read more »
German politicians split over bankrolling Deutsche Bank mergerA dispute is unfolding between the two political parties that govern Germany, as plans develop on a merger between Deutsche Bank and Commerzbank
Read more »
German finance minister: No plans for Deutsche Bank/Commerzbank merger in my budgetGerman Finance Minister Olaf Scholz said on Wednesday that he had not made any p...
Read more »
Deutsche Bank and Commerzbank Enter Formal Merger TalksDeutsche Bank and German rival Commerzbank announce formal merger talks. The planned announcement signals that discussions between the two banks that already had started informally are entering a new phase.
Read more »
Deutsche Bank set to announce merger talks with Commerzbank: sourceDeutsche Bank was set on Sunday to confirm merger talks with fellow German lende...
Read more »
Trump is surviving the Democrats’ onslaught, so farThere's not much scandal in new revelations regarding Trump's relationship with German lender Deutsche Bank
Read more »
Viewsroom: German bank M&A’s questionable logicListen: Putting Deutsche and Commerz together might create a national banking champion, but a more likely outcome would be a poorly performing behemoth, CGAThompson explains in this week's Viewsroom.
Read more »
Breakingviews - Cox: Really, no one else will bid for Commerzbank?From rob1cox via Breakingviews: Really, no one else will bid for Commerzbank except Deutsche Bank?
Read more »
Deutsche Bank and Commerzbank go public on merger talksDeutsche Bank and Commerzbank on Sunday confirmed they were in talks to possibly merge, an indication that efforts to combine Germany's two largest lenders are gaining pace.
Read more »
Deutsche Bank and Commerzbank go public on merger talksDeutsche Bank and Commerzbank on Sunday confirmed they were in talks to possibly...
Read more »