Deutsche Bank hiked bonuses for some of its top investment bankers by more than 60% as the German lender followed rivals by paying top performers in the division after a bumper year.
The bonus pool within the German lender’s investment bank as a whole increased by 46% to €875m, according to its annual report, after the unit helped prop up group profits in 2020 as trading revenues offset the impact of the Covid-19 crisis on the wider business.
