Deutsche Bank’s $96 Million Banker Bonus at Center of Lawsuit

Bonuses of as much as 84 million euros ($96 million) paid out by Deutsche Bank AG to individual bankers just after the global financial crisis are at the center of a lawsuit filed by a former trader.

Yves Paturel, who was fired amid probes into the rigging of Libor rates, said in London court documents that senior colleagues received generous bonuses for 2008 and 2009, while he had to make do with 4.3 million euros. His colleagues were rewarded with payouts that dwarfed his when accounting for the profit they generated for the company, he said.