Deutsche Bank Scraps Most Senior Banker Bonuses

The transcript discusses Deutsche Bank's decision to withhold individual bonuses for senior employees, its financial challenges, and strategic adjustments. It explores the implications for competitors like Goldman Sachs and industry trends such as headcount changes and digital strategies. The focus is on cost management, technology's impact on banking, and Deutsche Bank's future plans to retain key staff through long-term incentives.

What changes did Deutsche Bank plan for their compensation programs in 2017?

How might the morale of Deutsche Bank employees be affected by the bank's performance and management changes?