Deutsche Bank AG was sued by a former employee seeking around €152 million ($165 million) in damages for alleged harm caused to his career by criminal proceedings in Italy related to Banca Monte dei Paschi di Siena SpA.

After years of restructuring, Deutsche Bank (DB) increased its performance-based variable compensation to staff to €2.51B, up 25% from €2.00B in 2023, the company said in its annual report.

BERLIN] Deutsche Bank increased its bonus pool to the largest amount in a decade, after a surge in deals and trading last year drove results. Read more at The Business Times.

Deutsche Bank, Germany’s largest lender, awarded $2.7 billion in variable compensation to staff for their work in 2024, it said in its annual report published Thursday. That’s a 26% increase on the amount granted a year earlier.