Deutsche Bank Cuts Bonus Pool by 17% and Lowers Cash Components

Feb. 2 (Bloomberg) -- Deutsche Bank AG reduced its bonus pool by 17 percent in 2011 as it boosted capital and investment banking earnings declined, Chief Executive Officer Josef Ackermann said in a speech today.

The cash components were lowered by 37 percent and the ratio of deferred compensation is now 61 percent, Ackermann said at a speech in Frankfurt today.

To contact the editor responsible for this story: Aaron Kirchfeld at akirchfeld@bloomberg.net