Skip to Content

The New Clawback Craze : CNBC

August 28, 2012 In The News

Deutsche Bank has announced a new rule that will allow it “claw back” stock bonuses awarded to some of its employees during stints at prior banks. In making the announcement, Europe’s largest bank sent a signal that it was listening to regulators and lawmakers who have called for banks to curb excessive risk-taking by their employees. Jake Zamansky appeared on CNBC to discuss this development.

Watch the Video