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ACTIONS CORNER
The Commerzbank has to pay 104 former Dresdner Kleinwort investment bankers extra bonuses of 52 million euros that had been promised to them during the financial crisis. An appeal court in London’s High Court stood behind the judgment of May 2012, and on 26 April unanimously refused the bank leave to appeal against a decision in first instance. Judge Robert Owen had then ruled after several weeks of hearing that “the narrow range” of contractual obligations to individual employees is decisive in this case. Commerzbank nevertheless wants to consider further legal steps.