News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

Deutsche Bank cuts top investment banker bonuses by 20%

Deutsche Bank has cut back on variable compensation amid a focus on costs

Christian Sewing has vowed to hit expenses targets
Christian Sewing has vowed to hit expenses targets Photo: FABRICE COFFRINI/AFP via Getty Images

Sign up to FN's weekly investment banking newsletter here

Deutsche Bank paid some of its top employees in its investment bank average bonuses of €645,600 ($705,287) for 2023, a reduction of nearly 20% compared with a year earlier after a difficult compensation round for dealmakers.

WSJ Logo