Deutsche Bank Plans Trader Bonus Bump, Dealmakers Get 40% Cut

Deutsche Bank AG is considering slightly higher bonuses for its traders while drastically shrinking those paid to staff who help issue bonds and stocks, reflecting the strong divergence in performance between the two businesses.

The German lender is debating an average increase in variable compensation of about 10% for executives buying and selling fixed-income securities and currencies after the unit posted another successful year, people familiar with the matter said.

The total handed out within the division advising companies on deals and issuing debt and equity, known as Origination & Advisory, might fall by as much as 40%. That would ...