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While the leave is fired, tailors enter for managers: controversies in Deutsche Bank



Managing Director deutsche Bank criticized two leaders who ordered high-end tailoring at their London office on the day that 18,000 layoffs were announced, especially in New York, Tokyo and London. Christian Sewing stated: "If someone has a tailor going to the office on this day, it is a sign of immense disrespect. Behavior that is completely contrary to our values".

Case

After two men with travel bags were spotted leaving the banking giant room earlier this week, it turned out that they were Fielding & Nicholson, a luxury tailor. They entered the offices of some senior home testers at $ 1,800.

In addition to making 18,000 job cuts by 2022, Deutsche is pushing aside most stock trading activities, as it reduces investment banking business that has expanded rapidly over the years before the financial crisis. Within the framework of Sewing and the previous CEO, Deutsche Bank struggled to correct a picture that was overshadowed by a series of scandals, from excessive sales of mortgage loans to inability to prevent money laundering in Russia.

The office manager earned 7 million euros, including bonuses (basic salary is 2.9 million; Stuart Lewis, responsible for the risks, touched 150,000 euros a month for operations dedicated to improving "relationship with controllers in the United StatesInvestment Banking Manager Garth Ritchie received EUR 8.6 million, including a bonus of 250 thousand euros a monthconsulting"for DB about Brexit."

The former director of a London investment bank said al Keeper: "Investment banking is a trap, a game and a drug: the prize is large, but uncertain, which makes it exciting and makes you more and more questionable."In a completely anonymous form, he later admitted:"When I went to my boss's office to get an annual bonus, it was crucial that I did not miss any indication that I was happy about the amount: I came poker face, came out with a poker face. Then, in me, I thought: I can not believe they give it to me so much money for a year of work"But he concludes:"Euphoria does not last. You have paid a huge sum, but the bonus has a monetized compromise: you have given up your respect".


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