Deutsche Bank – Bonus waiver in Frankfurt – Economy

The board members of Deutsche Bank reportedly want to forgo EUR 75,000 each from their bonuses. Apparently it’s about taking responsibility for the unauthorized use of short message services in the bank. For Deutsche Bank boss Christian Sewing, the waiver is manageable: his salary rose by 20 percent to 8.8 million euros in 2021. The waiver corresponds to just 1.4 percent of his variable remuneration. First had the Financial Times reported on the decision, which insiders say was several months ago. The money house is one of several financial companies being investigated by the US authorities for using private communication channels that cannot be archived. the SZ had reported in February about a Whatsapp exchange between Sewing and a dubious businessman whose accounts the bank had previously terminated.

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