Bloomberg Business

Deutsche Bank Weighs 4% Base Pay Hike, Dealmaker Bonus Cuts

Deutsche Bank AG is considering giving some of its top earners in Germany and other key markets an elevated salary increase to help offset surging inflation, while cutting bonuses for investment bankers who’ve seen weaker performance.

Wells Fargo to Pay $3.7 Billion for Mistreating Customers

Wells Fargo & Co. reached a $3.7 billion settlement with federal regulators, including a record $1.7 billion fine, to cover allegations that for years it mistreated millions of customers, causing some to lose their cars or homes.

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