100 London bankers sue Germans over unpaid £42m in bonuses

The case involving 104 former Dresdner Kleinwort investment bankers threatens to be explosive as it comes amid continuing political anger about City pay in Britain and Germany.

The aggrieved bankers claim Dresdner bosses guaranteed a €400m bonus pot at a town hall meeting in London in August 2008 to ensure the loyalty of staff, just weeks before the global banking crisis that saw Lehman Brothers collapse.

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