Report: No bonuses for Deutsche's top bankers

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

Needing to put money aside for what could be a mammoth mortgage settlement with the U.S., Deutsche Bank (NYSE:DB) CEO John Cryan warned his top bankers this month not to expect bonuses, reports The Sunday Times.

A handful of top performers will receive nominal "retention checks," and junior staff can get bonuses, but much smaller amounts than typical.

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