Deutsche Bank Exclusive: New 20% Cut in Banker Bonuses Explained

Deutsche Bank has implemented a 20% reduction in bonuses for its leading investment bankers, signaling a commitment to stringent cost management.

This decision comes in the wake of a challenging financial landscape, with the bank focusing on meeting strict financial targets.

In 2023, the average bonus awarded to a select group of 649 investment bankers, recognized as significant risk bearers, was €645,600, down from the previous year’s figure.