Deutsche Bank Eliminates Management Bonuses After "Horrible," "Grim" Results
![Deutsche Bank Eliminates Management Bonuses After "Horrible," "Grim" Results Deutsche Bank Eliminates Management Bonuses After "Horrible," "Grim" Results](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/f214802ed27fc0accc4d5ff3e887a0cd-600x186.png?itok=jTtQ01Pn)
“These are extremely poor results,” Citi’s Andrew Coombs wrote last week after Deutsche Bank CEO John Cryan announced a “sobering” set of numbers for 2015.
By “sobering,” Cryan meant a net loss of more than $7 billion. It was the first annual loss since the crisis and was capped off by a Q4 loss of €2.1 billion which included €1.2 billion in litigation fees.