Deutsche Bank owes a lot to Christian Sewing. Over the past three years, the East Westphalian has successfully trimmed Germany's largest financial institution for profitability. And the result is impressive: Deutsche Bank increased its annual result before taxes by a whopping 65 percent. The only thing Sewing has to be reproached by the shareholders at the Annual General Meeting is the modest share price development.

In this respect, it is understandable that Deutsche Bank let the work of Sewing and his nine board colleagues cost 5 percent more. However, the fact that the spirit of excess has not yet completely disappeared from Deutsche Bank is shown by the fund subsidiary DWS, supervised by Sewing Vice President Karl von Rohr: Asoka Wöhrmann pockets 8.15 million euros in compensation – for an allegedly voluntary farewell in the shadow of the greenwashing suspicion.

In addition, there are another 5.6 million euros annual salary. In fact, Wöhrmann only worked for half a year. And DWS did not increase its adjusted earnings in 2022.