LATEST

Deutsche Bank bonus pool cut by 11%

Deutsche Bank - Foyer Bridge

Deutsche Bank, which runs Europe’s biggest investment bank, cut its bonus pool by 11% after rising legal expenses hurt earnings last year and said volatility in financial markets means the first quarter may be challenging.

BNY Mellon results hit by legal costs

Gavel

BNY Mellon has said it included an additional after-tax legal expense of $598m to its reported fourth-quarter results, anticipating resolution of foreign exchange-related actions and other matters.

HOT LIST

FEATURED

Deutsche Bank - Foyer Bridge

Deutsche Bank bonus pool cut by 11%

Deutsche Bank, which runs Europe’s biggest investment bank, cut its bonus pool by 11% after rising legal expenses hurt earnings last year and said volatility in financial markets means the first quarter may be challenging.

Gavel

BNY Mellon results hit by legal costs

BNY Mellon has said it included an additional after-tax legal expense of $598m to its reported fourth-quarter results, anticipating resolution of foreign exchange-related actions and other matters.