Deutsche Bank May Consider Boardroom Salary Increase
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Deutsche Bank AG, the biggest bank in continental Europe, may consider increasing the salaries of management board members and senior staff to remain competitive after the European Union moved to cap bonuses.
Deutsche Bank needs to pay its most senior staff enough in fixed renumeration to compete with firms that aren’t affected by EU regulations, Juergen Hambrecht, who led an external panel that reviewed salaries at the lender, told reporters in Frankfurt today.