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Deutsche Bank (DB) reportedly will impose a €300K ($409K) cap on bonuses this year, with up...
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Friday, February 1, 7:58 AM ETDeutsche Bank (DB) reportedly will impose a €300K ($409K) cap on bonuses this year, with up to €150K being in immediate cash and the rest available in a few months as stock. Cash was capped at €200K last year. The new CEOs "kitchen-sinked" the quarter yesterday, taking a major loss thanks to restructuring charges. Shares rose 2.5% and are +1.2% premarket today.
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