Finance
Union demands 7% wage increase for thousands of Deutsche Bank group staff
Published by Global Banking & Finance Review®
Posted on January 20, 2026
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 20, 2026
1 min readLast updated: January 20, 2026
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.
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.
"Deutsche Bank is doing well again," the DBV union wrote in a flyer announcing its opening gambit.
"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)
Collective bargaining is a process where employers and a group of employees negotiate terms of employment, including wages, hours, and working conditions.
A wage increase refers to an upward adjustment in the salary or hourly pay rate of employees, often based on performance, inflation, or negotiations.
Deutsche Bank is a global investment bank and financial services company headquartered in Frankfurt, Germany, offering a wide range of financial products and services.
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