Bonus scandal adds to woes at BGB

If you're desperately trying to pocket a bigger bonus than you know you deserve, do as the Gesellschaftler in Berlin did. Approve some dodgy credits (take some political donations on the way, too, if you are in the right party) reduce the risk provisions for the loans, then wait until profits amass in the next year, and voila - the bonus is yours to collect.

       
Klaus Landowsky

If you’re desperately trying to pocket a bigger bonus than you know you deserve, do as the Gesellschaftler in Berlin did. Approve some dodgy credits (take some political donations on the way, too, if you are in the right party) reduce the risk provisions for the loans, then wait until profits amass in the next year, and voila – the bonus is yours to collect.

In the case of the Bank-gesellschaft management these bonuses amount to Dm8 million (e4.1

Thanks for your interest in Euromoney!
To unlock this article: