For the first time in four years, top managers of Deutsche Bank received a bonus payment. This became known on Friday from the annual report of the largest financial group in Germany. The nine-member board received a total remuneration of € 55.7 million, including bonuses. A year earlier, the total remuneration of directors was 29.8 million euros. The total bonus pool for employees over the past year was lower – 1.9 billion euros compared to 2.2 billion euros in 2017. According to insiders, most staff bonuses were spent in the United States. Of course, since 2010, the total bonus pool of Deutsche Bank has declined, including through cost savings and more stringent rules. Deutsche Bank is currently focusing on a possible merger with Commerzbank. This would create a moloch with assets of 1,800 billion euros, while this move could also lead to huge job losses. Deutsche and Commerzbank employ 140,000 people worldwide. Deutsche Bank also announced in an annual report that it wants to reverse the downward trend in revenue growth. Currently, a slightly higher turnover is predicted in 2019 than in 2018, but the bank warned that market conditions this year are still somewhat weaker than expected.
