{"id":116077,"date":"2019-03-25T04:45:44","date_gmt":"2019-03-25T04:45:44","guid":{"rendered":"https:\/\/www.bnreport.com\/deutsche-bank-management-board-to-receive-bonuses-for-first-time-since-2014\/"},"modified":"2019-03-25T04:45:44","modified_gmt":"2019-03-25T04:45:44","slug":"deutsche-bank-management-board-to-receive-bonuses-for-first-time-since-2014","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/deutsche-bank-management-board-to-receive-bonuses-for-first-time-since-2014\/","title":{"rendered":"Deutsche Bank management board to receive bonuses for first time since 2014"},"content":{"rendered":"

Deutsche Banks management board members were awarded bonuses this year for the first time since 2014 as the bank returned to profit, it disclosed today.<\/p>\n

The board received \u20ac55.7m (\u00a348.2m) for 2018, compared to \u20ac29.8m the previous year.<\/p>\n

Read more<\/strong>: Deutsche Bank drops down investment bank table while Barclays gains ground<\/a><\/p>\n

Chief executive Christian Sewing received \u20ac7m, up from \u20ac3.4m the previous year.<\/p>\n

The bank reported net income of \u20ac341m for 2018, its first full-year profit since 2014 and up from a loss of \u20ac735m the previous year.<\/p>\n

Sewing said: \u201cWith a return to profitability, reinforced controls and a strong balance sheet, we laid firm foundations for controlled growth which is now our strategic priority.\u201d<\/p>\n

Deutsche is currently in merger talks with fellow German bank Commerzbank to create a national banking champion with the government as a major shareholder.<\/p>\n

Read more<\/strong>: Germany is forcing a bank marriage that may not work<\/a><\/p>\n

The merged bank would have around \u20ac1.8 trillion in assets and a market value of \u20ac25bn \u2013 holding one fifth of Germany's retail banking markets and employing 140,000 people around the world.<\/p>\n

The proposed merger has come under fire from unions which warn it coulRead More<\/strong><\/a>
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Deutsche Banks management board members were awarded bonuses this year for the first time since 2014..<\/p>\n","protected":false},"author":1,"featured_media":116078,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-116077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nDeutsche Bank management board to receive bonuses for first time since 2014 - Business News Report<\/title>\n<meta name=\"description\" content=\"Deutsche Banks management board members were awarded bonuses this year for the first time since 2014..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/deutsche-bank-management-board-to-receive-bonuses-for-first-time-since-2014\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deutsche Bank management board to receive bonuses for first time since 2014 - 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