For the first time in history, the European Union has agreed to cap bankers' bonuses. The accord is part of new stricter rules on banking in the wake of the financial crisis. Bonuses will be limited to a year's salary
US authorities have fined Deutsche Bank and two other European finance institutions for manipulating markets. Germany warned its best-known bank not to overdo bonuses — it'd be bad for its already soured image.
Imagine Deutsche Bank as a boxer: a once heavy hitting champ, Germany's largest lender is now on the ropes, bleeding. It's been a long way down for the bank. Andreas Becker examines what's behind the fall.
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