US Banking Weekly: Deutsche Bank Raises Chairman’s Pay, Wells Fargo Hires Ghosh as FBI Warns of AI-Crypto Fraud
The US banking sector has recently seen shifts in compensation, personnel and financial-crime risks. Deutsche Bank adjusted the pay of its supervisory board chairman, while Wells Fargo strengthened its chemicals investment-banking business. The FBI, meanwhile, said AI and cryptocurrencies are lowering barriers to fraud, putting funds in real estate transactions at greater risk of interception and diversion.
As of July 20, 2026, Deutsche Bank had announced a 21% pay increase for its supervisory board chairman, although the available information did not disclose the exact amount after the raise. Wells Fargo hired Neil Ghosh to lead its chemicals investment-banking business. The FBI also warned of a surge in online real estate fraud involving AI and cryptocurrencies, with related losses rising 59% from the previous year.
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