Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Deutsche Bank Said to Limit Cash Bonuses to 300,000 Euros

Deutsche Bank AG, Europe’s largest investment bank by revenue, will limit cash bonuses at 300,000 euros ($406,000) for the second year, according to a person briefed on the matter.

Deutsche Bank told staff about the cap today, said the person, who asked not to be identified because the information isn’t public. The Frankfurt-based company will publish compensation data on March 20, according to a statement on its website.

Banks are under pressure to rein in compensation and tie it more closely to performance after large cash payouts were blamed for encouraging the type of risk-taking that led to the 2008 collapse of Lehman Brothers Holdings Inc. and the subsequent financial crisis. Deutsche Bank cut the total pay of its investment bankers 14 percent in 2013 from a year earlier as revenue fell and legal costs weighed on profit.

Reuters reported the bonus cap earlier today.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.