DEUTSCHE Bank is considering giving some of its top earners in Germany and other key markets an elevated salary increase to help offset surging inflation, while cutting bonuses for investment bankers who’ve seen weaker performance.
WELLS Fargo has agreed to pay US$3.7 billion to settle charges from a US consumer watchdog over widespread mismanagement of automobile loans, mortgages and deposit accounts.
THE yen surged to a four-month peak against the dollar on Tuesday (Dec 20) after the Bank of Japan stunned markets by deciding to review its yield curve control policy and widen the trading band for the 10-year government bond yield.
