Deutsche Bank to link management pay to sustainability targets

Deutsche Bank on Monday said it planned to join a small number of financial institutions that link management pay to environmental, social and governance-related (ESG) criteria. Germany’s largest bank said that from 2021 management compensation would be tied to reaching targets on sustainable finance investments, on the sustainability ratings it receives from five leading ESG […]

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Facebook’s renamed cryptocurrency is still ‘wolf in sheep’s clothing’: German Finance Minister

It will take more than renaming Facebook’s cryptocurrency to address the concerns regulators have about authorising its launch in Germany and Europe, German Finance Minister Olaf Scholz said on Monday. In a statement after a video conference of G7 finance ministers at which cryptocurrencies were discussed, Scholz said that relaunching Libra under its new name […]

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