Credit Agricole increased its corporate and investment bank's bonus pool by over 10% due to strong revenue. DBS reduced CEO Piyush Gupta's variable pay amid digital service disruptions. DBS saw a 37% growth in sustainable financing to $52.1 billion in 2023. DBS CEO Gupta's total pay decreased by 27% to $8.3 million in 2023. Deutsche Bank cut its investment banking division's bonus pool by more than 10% following a decrease in deals and trading activity last year.
Deutsche Bank cut the bonus pool at its investment banking division by more than 10% after a slump in deals and a slowdown in trading last year, sources say https://t.co/EPCugmX6kE
Deutsche Bank cut the bonus pool at its investment banking division by more than 10% after a slump in deals and a slowdown in trading last year, sources say https://t.co/dsbrrcqqhV
DEUTSCHE BANK SAID TO CUT INVESTMENT BANK BONUSES MORE THAN 10%
Singaporean bank DBS CEO Gupta's total pay dropped 27% to $8.3 mln in 2023 https://t.co/qa4xPooFgP https://t.co/lz4fFKwBUQ
Singaporean bank DBS grows sustainable financing by 37% to $52.1 bln in 2023 https://t.co/goREANy1bS https://t.co/YPHxIFxT5g
DBS cut CEO Piyush Gupta’s variable pay components in a record year marred by disruptions in the bank’s digital services https://t.co/VFGl2Ywl8L
Credit Agricole increased the bonus pool for its corporate and investment bank by more than 10% after the unit bucked a trend of weaker revenue at many of its rivals last year https://t.co/HPFiakfvaN