Deutsche Bank asks more senior managers to waive one month of fixed pay
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(Reuters) - Deutsche Bank AG said on Friday it has asked more of its senior managers to waive one month of fixed pay in an effort to cut costs as Germany's largest lender deals with the fallout of the coronavirus crisis."As our restructuring plans progress, the management board and the group management committee have decided to lead by example and give a broader group of senior managers the opportunity to be part of this initiative", Jörg Eigendorf, a spokesman for the bank, said in an emailed..