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Deutsche Bank’s highest pay employee can earn almost twice more than Chief Executive Christian stitching for 2021, as investment banking has increased the largest NDDan bonus after the profit.
The number of employees who earn more than $ 1 million stands at 28 percent in 2024 at 647, which is higher than 505 than the previous year. Investment increased the rise by a 78 percent increase in pre-tax profits in the banking department, where the variable performance-lanc salary produces a larger part of the total pay.
The bank’s overall bonus pool rose by 20 percent to $ 2.5 billion, the highest since the year 20, when the total salary increased by only 5 percent to $ 1.8 billion, the headcount is stable.
Deutch Not on the board, does not reveal the identity of his top earner, but a person was paid as $ 18 million last year, while in 2023, the maximum earner was the wages of $ 14 million to $ 15 million. The sewing is on the line for earning € 9.8 million, it has increased by 12 percent to 2023.
Executive Bonus In the bank’s annual report on Thursday, the initial estimate due to the change in its pay structure for the members of the board prescribed. Depending on the future performance of the Deutch, the final pay package may be high or low.
Since 2024, the bank has associated with the performance in the next three years than the last three. The salary of sewing can reach a maximum of $ 12 million.
The amount of the final 2024 payment for the members of the board will be fully determined in 2026. If the board members achieve 100 percent of their goals, their joint long -term bonus will be a total of $ 25.6 million, when they reached 77.5 percent of the target than 19.8 million in 2023.
Short -term bonuses were read after missing individual goals for most board members. Chief Administrative Officer Stepan Simon’s bonus turned about half a million dollars, which was an unexpected € 900MN case allegations from the bank to the previous year € $ 1.8 million. It is related to the long -standing court case than the shareholders bought the retail NDD postbank more than a decade ago.
The bonus given to the outgoing Chief Risk Officer Olivia Vigonran was also deducted more than 20 percent.
Deutsch investors warned twice last year that the loss of LOS will be higher than expected and its risk management has clashed with the European central bank.
