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Commerzbank sued over bonuses

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Commerzbank sued over bonuses

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Seventy-two City of London bankers are suing Dresdner Kleinwort and Commerzbank for 33 million euros in unpaid bonuses.

As many as thirty others are reportedly considering a law suit saying they too did not get what they were promised after Commerzbank bought investment bank Dresdner Kleinwort last year. Commerzbank’s boss meanwhile has said is time to end guaranteed bonuses for investment bankers.