Deutsche Bank top managers to forego some pay to cut costs
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FRANKFURT (Reuters) - Deutsche Bank's top managers will waive one month of fixed pay in an effort to cut costs as Germany's largest lender deals with the fall-out of the coronavirus crisis.Members of the management board as well as the bank's group management committee will be affected by the move, chief executive Christian Sewing will tell shareholders at next week's annual general meeting, according to a text of the speech published on Tuesday. The bank, which is undergoing an overhaul after..