Anti-Financial Crime & Financial Crime Compliance
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NEWS: Sluggish implementation of AML reforms at Deutsche Bank leaves C-Suite top 10 with €1M hit to bonuses

SLOW IMPLEMENTATION: Deutsche Bank ceo Christian Sewing, who was one of the bank's top 10 leaders who took a hit to his bonus after the supervisory board noted the sluggish implementation of AML and KYC reforms.

DEUTSCHE Bank’s ceo Christian Sewing and his top team took a £1M hit to their annual bonus when the supervisory board issued a rare rebuke over delays in improving internal controls Deutsche is in the crosshairs German regulator BaFin over sluggish implementation of required AML reforms. The bank’s annual report released today (Friday) says the…

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