Annual report: More bonuses for Deutsche-Bank board

Millions of reimbursement despite the decline in profits: The ten board members of Deutsche Bank will have a total of around 68.1 million euros for the 2024 financial year. CEO Christian Sewing, with a good 9.75 million euros, is one of the top earners in the German stock index, as can be seen from the annual report of the largest German money house.

Part of these sums is only paid out on the business success with a time delay. In the case of long -term bonuses, the exact amount of which will only be finally determined in 2026, according to the bank, it was assumed in the figures for 2024 that the targets set were achieved 100 percent.

In 2023, the remuneration of the current members of the board was 58.3 million euros on a actual basis. Sewing came to around 8.75 million euros for 2023.

Good business in the investment bank

The second best earner on the Deutsche-Bank board is the head of the investment bank, Fabrizio Campelli, who has a total of almost nine million euros for the 2024 financial year. The investment bank had increased its input tax by 78 percent within a year.

The good performance of the investment bank also ensured that the bonus pot for the employees with 2.5 billion euros was filled again more lush than a year earlier (2.0 billion euros).

647 employees received more than one million euros and thus significantly more than 2023 (505). An employee even put CEO Sewing in the shade far – with a remuneration between 17 million and 18 million euros. This could also contain a severance payment.

Last year Deutsche Bank earned 7 percent less than a year earlier at almost 5.3 billion euros. The surplus attributable to the shareholder even broke up by 36 percent to around 2.7 billion euros.

The cause of the decline in profits was primarily the compensation of former Postbank shareholders, who were treated by Deutsche Bank in the course of their majority takeover of the Bonn Institute in 2010.