Deutsche Bank paid top employees in its investment bank average bonuses of more than €965,000 for 2024, which was up by 50% as firms have raised staff compensation after dealmaking rebounded.

The German lender paid out €588m in bonuses to 609 key employees known as material risk-takers working within its investment bank for 2024. Total compensation averaged €1.8m, up from €1.4m a year earlier.