Commerzbank Ordered To Pay Bonuses To Ex-Bankers

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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.

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