Commerzbank AG To Reduce Bonuses on Revenue Pressure : News Photo

Commerzbank AG To Reduce Bonuses on Revenue Pressure

Credit: Bloomberg / Contributor
Martin Blessing, chief executive officer of Commerzbank AG, second right, and Stephan Engels, chief financial officer of Commerzbank AG, right prepare for a news conference in Frankfurt, Germany, on Friday, Feb.15, 2013. Blessing gave up his bonus for last year and cut the payouts by an average 17 percent across the firm, warning of higher costs and more pressure on revenue. Photographer: Ralph Orlowski/Bloomberg via Getty Images
Caption:
Martin Blessing, chief executive officer of Commerzbank AG, second right, and Stephan Engels, chief financial officer of Commerzbank AG, right prepare for a news conference in Frankfurt, Germany, on Friday, Feb.15, 2013. Blessing gave up his bonus for last year and cut the payouts by an average 17 percent across the firm, warning of higher costs and more pressure on revenue. Photographer: Ralph Orlowski/Bloomberg via Getty Images
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Date created:
February 15, 2013
Editorial #:
161742087
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Not released.More information
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Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Bloomberg
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Bloomberg via Getty Images
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4,000 x 2,779 px (55.56 x 38.60 in) - 72 dpi - 1.9 MB
Source:
Bloomberg
Object name:
GERMANY COMMERZBANK AG

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Martin Blessing chief executive officer of Commerzbank AG second... News Photo 161742087Bank,Bank Manager,Banking,Business,CEO,CFO,Commerzbank,Corporate Business,Economy,Environment,Europe,Finance,Frankfurt - Main,German,Germany,Horizontal,Making Money,Martin Blessing,Occupation,Preparation,Press Conference,ResultPhotographer Collection: Bloomberg 2013 BloombergMartin Blessing, chief executive officer of Commerzbank AG, second right, and Stephan Engels, chief financial officer of Commerzbank AG, right prepare for a news conference in Frankfurt, Germany, on Friday, Feb.15, 2013. Blessing gave up his bonus for last year and cut the payouts by an average 17 percent across the firm, warning of higher costs and more pressure on revenue. Photographer: Ralph Orlowski/Bloomberg via Getty Images