Deutsche Bank investors urge cost cuts and oppose pay hike
Shareholders at Deutsche Bank's annual meeting urged strict cost discipline. They also opposed a 50 percent pay hike for chairman Alexander Wynaendts today.
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Deutsche Bank investors demanded strict cost discipline and opposed a 50% pay raise for the chairman during the annual meeting on May 28. The lender held its first in-person shareholder gathering since the 2019 pandemic. Investors are prioritizing profitability over growth as macroeconomic pressures threaten the bank's recent recovery from years of financial crises.
