Deutsche Bank hikes bonuses to 2.3 bn euros after 2017 loss, saving delays

Deutsche Bank paid bonuses worth 2.3 billion euros ($2.

83 billion) for 2017, four times higher than the previous year even as the German lender warned on costs for 2018 and reported a bigger 2017 loss than previously disclosed. Germany's flagship lender said on Friday top managers would forego payouts for 2017 after the bank said it lost 735 million euros, the third annual loss in a row and more than the 497 million euros it had initially disclosed in February. The bank, which distributed 546 million euros in bonuses in 2016,.....

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