Frankfurt prosecutors said it would take until mid-September at the earliest to conclude a preliminary probe into a spying affair at Deutsche Bank (DBKGn.DE). “We still need a few weeks,” a spokeswoman for the prosecutor’s office said on Monday, after previously saying the probe might be completed around the end of August. The probe by…
Tag: Deutsche Bank
Lawyer: Deutsche spied on me like the Stasi
Germany’s biggest bank has been accused of mounting a Stasi-style entrapment operation against a prominent shareholder regarded as a troublemaker. The German authorities are considering launching a criminal investigation into whether Deutsche Bank plotted a honeytrap sting on Michael Bohndorf, a tax lawyer who has bombarded the annual shareholder meetings with embarrassing questions since 2003…
Deutsche Bank sacks two for spying
Deutsche Bank has sacked two senior executives for spying on its board of directors and two other people. Prosecutors, data protection officials and financial regulators are all investigating the bank for allegedly spying on its own chief operating officer, a board member, an activist shareholder and a media mogul. The bank is awaiting results of…
Deutsche Bank spied on employees
Germany’s biggest bank, Deutsche Bank, hired detectives to spy on its employees including a member of its supervisory board, managers and a shareholder, German magazine Der Spiegel reported. The bank launched an internal inquiry at the end of May into potential breaches of data privacy law in connection with the affair, Spiegel said in its…