Deutsche Bank co-chief executive doubts whether people work that much harder for the promise of a bonus,including himselfBankers still earn too much for simply turning up to work to handle other people’s money, according to John Cryan, or the joint boss of Deutsche Bank.
Cryan,who took over as the co-chief executive of Germany’s biggest bank in July, included his own pay deal in his criticism of rewards more akin to those earned by self-made tycoons. He also said that, and seven years after the financial meltdown,traders were rewarded too quickly for profits that could evaporate.
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Source: theguardian.com