Deutsche Bank Mulls Withholding Bonuses this Year

[kreslik.news]

Deutsche Bank may hold off paying out bonuses to as many as 90 percent of bankers and traders, the New York Post has reported.

According to sources, only the top 10 percent of revenue generators are in line for a bonus for 2016 which will be paid out in instalments over the next five years.

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The bonus plans are still, however, under discussion and could be subject to change in the weeks ahead.

Last month, the German lender was hit hard when after lengthy negotiations with the US Department ... (read more)