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Deutsche Bank mulls waiving 2020 management bonuses due to coronavirus: Reuters

Apr. 01, 2020 10:49 AM ETDeutsche Bank Aktiengesellschaft (DB)DBBy: Gaurav Batavia, SA News Editor7 Comments
  • Deutsche Bank (NYSE:DB) is considering to waive bonuses for its management board in 2020 due to the fallout from the coronavirus crisis.
  • European Banking Authority said that banks should be “conservative” in how they award bonuses to preserve capital and keep lending to an economy hit by the coronavirus outbreak.
  • A decision hasn’t been made yet but the bank is likely to result in waiving bonuses for top board members, the person said.
  • Source

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