Deutsche Bank Bonuses Rise to Decade High on Trading, Deals

Bonuses for Deutsche Bank AG’s traders and dealmakers grew by almost a third for last year, as the lender increased its overall variable pay pool to the most in a decade.

Germany’s largest lender announced €2.5 billion ($2.7 billion) in variable compensation to staff for their work in 2024, or 26% more than in 2023, it said in its annual report Thursday. The pool was also affected by a new remuneration system which allows for a larger number of staff to receive bonuses, the bank said.