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Home > Finance > Union demands 7% wage increase for thousands of Deutsche Bank group staff

Union demands 7% wage increase for thousands of Deutsche Bank group staff

Published by Global Banking and Finance Review

Posted on January 20, 2026

1 min read

Last updated: January 20, 2026

Union demands 7% wage increase for thousands of Deutsche Bank group staff - Finance news and analysis from Global Banking & Finance Review

Tags:Compensation Employee Benefits

Quick Summary

DBV union seeks a 7% wage increase for Deutsche Bank staff as the bank anticipates a record profit. Talks will affect up to 8,000 employees.

DBV Union Seeks 7% Wage Increase for Deutsche Bank Employees

Union's Wage Demands and Bank's Financial Outlook

FRANKFURT, Jan 20 (Reuters) - Germany's DBV labour union is demanding a 7% pay increase for up to 8,000 Deutsche Bank group employees, as they hope to benefit from the bank's improved finances, the union said on Tuesday.

Germany's largest lender is expected to post a 2025 profit of nearly 6 billion euros ($7.04 billion) when it reveals figures next week, according to analysts. That would be the highest net profit in at least a decade.

Deutsche Bank declined to comment on the pay demands.

Collective Bargaining Timeline

"Deutsche Bank is doing well again," the DBV union wrote in a flyer announcing its opening gambit.

Impact on Employees

"It's good that collective bargaining negotiations are coming up again in 2026, so that we employees can also demand our fair share."

Union officials said that talks would begin in March or April, and the outcome would affect between 6,000 and 8,000 employees of the Deutsche Bank group, which includes the Postbank brand and other subsidiaries.

($1 = 0.8522 euros)

(Reporting by Tom Sims, Editing by Friederike Heine)

Key Takeaways

•DBV union demands a 7% wage increase for Deutsche Bank employees.
•The bank is expected to post a record profit of nearly 6 billion euros in 2025.
•Negotiations will affect 6,000 to 8,000 employees, including Postbank.
•Collective bargaining talks are set for March or April 2026.
•Deutsche Bank has not commented on the union's demands.

Frequently Asked Questions about Union demands 7% wage increase for thousands of Deutsche Bank group staff

1What is collective bargaining?

Collective bargaining is a process where employers and a group of employees negotiate terms of employment, including wages, hours, and working conditions.

2What is a wage increase?

A wage increase refers to an upward adjustment in the salary or hourly pay rate of employees, often based on performance, inflation, or negotiations.

3What is Deutsche Bank?

Deutsche Bank is a global investment bank and financial services company headquartered in Frankfurt, Germany, offering a wide range of financial products and services.

Union's Wage Demands and Bank's Financial Outlook

Deutsche Bank declined to comment on the pay demands.

Collective Bargaining Timeline

"Deutsche Bank is doing well again," the DBV union wrote in a flyer announcing its opening gambit.

Impact on Employees

"It's good that collective bargaining negotiations are coming up again in 2026, so that we employees can also demand our fair share."

($1 = 0.8522 euros)

(Reporting by Tom Sims, Editing by Friederike Heine)

Key Takeaways

•DBV union demands a 7% wage increase for Deutsche Bank employees.

•The bank is expected to post a record profit of nearly 6 billion euros in 2025.

•Negotiations will affect 6,000 to 8,000 employees, including Postbank.

•Collective bargaining talks are set for March or April 2026.

•Deutsche Bank has not commented on the union's demands.

Frequently Asked Questions

1What is collective bargaining?

Collective bargaining is a process where employers and a group of employees negotiate terms of employment, including wages, hours, and working conditions.

2What is a wage increase?

A wage increase refers to an upward adjustment in the salary or hourly pay rate of employees, often based on performance, inflation, or negotiations.

3What is Deutsche Bank?

Deutsche Bank is a global investment bank and financial services company headquartered in Frankfurt, Germany, offering a wide range of financial products and services.