Deutsche Bank’s bosses get bonuses for first time in 4 years

25 March, 2019 12:00 AM printer

Frankfurt: Deutsche Bank's management board members were handed their first bonuses in four years, while CEO Christian Sewing was paid seven million euros (S$10.7 million) for last year, according to the bank's annual report on Friday.

Deutsche's disclosures on its bosses' pay come as the bank holds talks with rival Commerzbank about a proposed merger, which unions have said could result in big job cuts, report agencies.

Mr Sewing, who took on the role last April, led the bank to its first profit in four years and is heading the merger talks with Commerzbank.