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Articles Posted in London “Whale” blunder

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Deutsche Bank to Assess Employee Pay and Bonuses in an Attempt to Boost Profitability

Recently, Deutsche Bank reviewed its current pay practices, particularly those regarding executive bonus compensation, in order to bolster profitability and decrease its overall costs by $5.8 billion. After a 100-day evaluation conducted by the firm’s new co-chief executive officers, Juergen Fitschen and Anshu Jain, Deutsche Bank is expected to implement…

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