Deutsche Bank 2020 bonuses jump 29% as bank turns profit By Reuters

FRANKFURT (Reuters) – Deutsche Bank (DE:DBKGn) paid 29% more in bonuses for the past year, the lender said on Friday, rewarding staff for a pandemic related trading boom that helped the bank eke out a small profit in 2020.

The disclosure in the bank’s annual report came as Deutsche Bank said that revenues would be “marginally lower” this year.