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Deutsche Bank bosses to forego bonuses after third annual loss
in News

By agsragsr 834 Pts
Article -
https://www.cnbc.com/2018/03/10/deutsche-bank-bosses-to-forego-bonuses-after-third-annual-loss.html
  • Top managers at Deutsche Bank will forego their annual bonuses, CEO John Cryan said.
  • Deutsche Bank has come under fire for awarding big incentive payouts even though it lost money last year.
  • Cryan was quoted by the Zeit weekly as saying the 12-member executive board would not get bonuses for 2017, but variable compensation would be paid to other staff as planned.
billpassed
  1. Is it right decision?

    2 votes
    1. Yes
      50.00%
    2. No
      50.00%
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Arguments

  • WhyTrumpWhyTrump 222 Pts
    Yes. The executive bonuses should be tied to performance. A third consecutive loss doesn't warrant a bonus
    WhyTrump - a good question
  • They may have to decrease their expenses. 
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