After years of restructuring, Deutsche Bank (DB) increased its performance-based variable compensation to staff to €2.51B, up 25% from €2.00B in 2023, the company said in its annual report.

Deutsche Bank AG was sued by a former employee seeking around €152 million ($165 million) in damages for alleged harm caused to his career by criminal proceedings in Italy related to Banca Monte dei Paschi di Siena SpA.

BERLIN] Deutsche Bank increased its bonus pool to the largest amount in a decade, after a surge in deals and trading last year drove results. Read more at The Business Times.

Deutsche Bank, Germany’s largest lender, awarded $2.7 billion in variable compensation to staff for their work in 2024, it said in its annual report published Thursday. That’s a 26% increase on the amount granted a year earlier.