Deutsche Bank Proposes to Forgo Bonuses to Ex-Executives for Legal Immunity

[kreslik.news]

In light of upcoming legal battles and prior and potential settlements over misconduct, Deutsche Bank has opted to pursue a multi-thronged settlement with several ex-executives, looking to reconcile unpaid bonuses. The lender will look to close the door on past bonuses owed to upwards of ten former managers at Deutsche Bank, who in return would forgo any legal measures against the individuals, making them immune to any damage claims or recourse.

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Deutsche Bank had previously suspended bonuses to ten of its former management board members, a list that includes Juergen Fitschen, Anshu ... (read more)