The Co-Chief Executives of Deutsche Bank saw their compensation rise by over 50 percent last year as the bank more than doubled its net profit. <br /><br />For Anshu Jain and Jürgen Fitschen it was their first full year running Germany’s largest lender. Jain got nine million euros, Fitschen received eight million.<br /><br />The bank paid out a total of 38 percent more to its management board last year compared with 2012. <br /><br />Overall, its total pay bill fell slightly to 9.9 billion euros from 10.2 billion in 2012.<br /><br />Deutsche Bank said it is on track to meet its targets in investment banking for next year. <br /><br />It has deemed 2014 a make or break year as it cuts costs, slashes its balance sheet and recovers from a a long list of scandals.<br /><br />The bank’s 2013 results were restated to include around 350 million euros of settlement costs and around 50 million more to cover impaired assets.
