John Cryan Serious now? According to SPIEGEL information, the head of the Deutsche Bank wants to underline the executives bonus payments drastically. So many of the Top get to feel earner, the crisis for the first time.
DPA
Deutsche Bank chief John Cryan
For Deutsche Bank, a more drastic cut is in the offing in the bonus payments of senior members of staff. According to the MIRROR, the Bank intends to announce this Wednesday, that in the case of non-tariff-bound employees, about 90 percent of the bonus payments for the year 2016 shall be deleted. Investment bankers in London and New York, were affected for the first time in a large scale it is called from the Bank. A spokeswoman would not comment on the request.
For certain groups of people should there be, however, compensation packages to limit the impact and to prevent a mass Exodus of employees. So managers should, where important relationships with customers, furthermore, bonus packages, paid but either by 2021 or in the form of shares to be granted, which may not be initially sold.
the group chief John Cryan had made since his arrival 2015 already several times clear that he considers the payment in the banking industry for oversized. The Bank should consider the current Plan now, this could be the first really big step to reduce the huge personnel costs in Germany’s largest money house. Although the group had reduced in recent years, the bonus pot of € 4.3 billion for the year 2010, at least 2.4 billion euros for 2015. In turn, the fixed salaries of the Top were, however, increased in many cases employees. The total compensation has changed, therefore, hardly.
For the year 2015 was 10.5 billion euros. And although the Bank recorded a loss of billions, the shareholders empty out and the Board waived completely on bonuses, conceding the 2000 Top managers of the Bank at the time, more than two billion euros.
Also for 2016 is likely to, at best, result in a Mini-profit. Most analysts expect more with a loss. But this time, it is from the Bank, would also the cuts in salaries, really hard. Of the “Hunger Games” is out of the question – while the big Wall Street celebrated banks.
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Well, that is the task of a Sanierers. As blood flows through broken, old crusts, because they are responsible for the damage. As Wiedeking at that time, Porsche is on the verge of bankruptcy, he could have took only a success, [...]
Well, that is the task of a Sanierers. As blood flows through broken, old crusts, because they are responsible for the damage. As Wiedeking at that time, Porsche is on the verge of bankruptcy, he could only have success by, he took painful steps, to which no one else is willing. The company would have been just a few months later, broke. So it hurt, but after a short time you saw the success. I doubt, however, whether this is in the case of a group like the DBk possible…
the May? Then, the whole high-calibre professionals to run away? Used to be (claimed to be two years ago Comerzbankbonie) and other banks in General. :-)))
the May? Then, the whole high-calibre professionals to run away? Used to be (claimed to be two years ago Comerzbankbonie) and other banks in General. :-)))
The right step in the right direction. Further comment is unnecessary.
The right step in the right direction. Further comment is unnecessary.
The company writes losses and bonus payments to the Manager in the amount of 6-digit amounts are paid? Since the System has understood capitalism but thoroughly miss
success, participation without success…so a [...]
The company writes losses and bonus payments to the Manager in the amount of 6-digit amounts are paid? Since the System has understood capitalism but thoroughly miss
success, participation without success…so for an institution to be money or money’s business is to entrust it to Yes already…: -)
Now, making all that’s missing is the Liable for any losses.
Now, making all that’s missing is the Liable for any losses.