Deutsche Bank seeks 40% pay bump for highest-paid chair in Dax
Alexander Wynaendts has reduced his other board commitments after investor criticism
Alexander Wynaendts has reduced his other board commitments after investor criticism

German lender pledges to deliver higher growth, returns and payouts

Germany’s largest lender is set to unveil its latest strategy. A former Morgan Stanley banker will be in charge of implementing it

Christian Sewing holds stock worth €15mn and another €25mn in unvested shares after turnaround fuels share price rally

Top banking supervisor examining claims by ex-employee about German lender’s use of netting

Asset manager puts UK chairs on notice on remuneration as part of closer scrutiny of boards

Companies are also watering down ESG elements of pay plans as boards reassess whether such awards ‘make sense’