Deutsche Bank (DB) reportedly will impose a €300K ($409K) cap on bonuses this year, with up to...

|About: Deutsche Bank AG (DB)|By:, SA News Editor

Deutsche 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.