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Deutsche Bank’s Jain Paid More Than Ackermann on Revenue

Deutsche Bank AG, Germany’s biggest bank, said Anshu Jain earned more than Chief Executive Officer Josef Ackermann last year after his corporate and investment banking unit reported record revenue.

Jain, 48, was paid about 12 million euros ($16.7 million) in salary, upfront and deferred bonuses and benefits, the Frankfurt-based company said in its full-year financial report today. Ackermann, 63, was paid 8.99 million euros last year, compared with 9.55 million euros in 2009.