Commerzbank Ordered To Pay Bonuses To Ex-Bankers

A German High Court judge has ruled that Commerzbank must pay EUR50 million ($65 million) in bonuses to 104 former Dresdner Kleinwort bankers in the U.K. according to their 2008 agreement, rejecting claims that the lender’s massive losses should free them from the obligation.

  • 09 May 2012
A German High Court judge has ruled that Commerzbank must pay EUR50 million ($65 million) in bonuses to 104 former Dresdner Kleinwort bankers in the U.K. according to their 2008 agreement, rejecting claims that the lender’s massive losses should free them from the obligation. Commerzbank has integrated Dresdner ...

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