Their fixed salaries last year rose about 65% to $4.1m, while variable compensation fell 45% to $3.1m.
Deutsche Bank fell 24% last year, the most among the top nine global investment banks. While it has outperformed all those competitors with a 27% surge this year, it still trades at the lowest price to tangible book value of the group. That indicates that it’s worth less than investors would expect to receive if the firm liquidated its assets.
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