FRANKFURT (Reuters) - Deutsche Bank’s 2017 bonus pool includes an investment to secure the bank’s business and its position, its chief executive said on Friday, adding that 2018 bonuses would be linked to the bank’s performance.
“Does that mean we will not be paying our staff as much next year? I don’t expect so. I see 2018 as being a successful year for the bank,” John Cryan said.
Cryan cited further steps in cost-cutting and an expected resumption in market volatility as reasons for optimism.
In 2018, “we aim for a profit, not only before, but of course also after income taxes,” Cryan said.
Reporting by Tom Sims; Editing by Maria Sheahan
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