Deutsche Bank will be forced to reveal how much it pays top executives including Anshu Jain and Michael Cohrs, co-heads of corporate and investment banking, following a ruling by a German court. It comes exactly a year after the bank won a reprieve against the order.
A spokesman for Deutsche Bank confirmed the details of a ruling at the Frankfurt High Court yesterday which ordered the bank to reveal the total pay of its 11-member executive committee if investors demand the information at the bank's annual general meeting.