Finance
Deutsche Bank Tweaks Bonuses to Emphasize Metrics Like Teamwork
Deutsche Bank is expected to post net income of about €4 billion ($4.1 billion) for 2024, according to analyst estimates compiled by Bloomberg
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Deutsche Bank AG has changed the way it judges staff this bonus season, with a greater range of performance ratings and more weight given to non-financial aspects such as teamwork.
The German lender now has five ratings for employees, up from three, people familiar with the matter said. While the new criteria won’t affect the overall size of the bonus pool, they could mean changes for individual pay, they said, asking not to be identified discussing the private information.