Deutsche Bank AG’s Frankfurt headquarters were raided today as part of a new probe of fraud allegations related to lawsuits filed by the late Leo Kirch while the third top executive was put under investigation.
William Broeksmit, a retired Deutsche Bank AG risk executive who hanged himself at his London home in January, was “anxious” about probes at the lender, a doctor said in a report read at a coroner’s inquest.
As the European Union steps up its response to Russian president Vladimir Putin’s annexation of Crimea, German companies are urging caution lest sanctions harm their business ties -- and Europe’s shaky economic recovery.
The offices of two German law firms that advised Deutsche Bank AG in lawsuits by the heirs of Leo Kirch, a former media group owner, were raided in a probe over the accuracy of testimony in one of the cases.
Coroners in London are preparing to investigate two apparent suicides as unexpected deaths by finance workers around the world have raised concerns about mental health and stress levels in the industry.
Deutsche Bank AG, Europe’s biggest investment bank by revenue, raised the total compensation of Anshu Jain and Juergen Fitschen by 53 percent each for their first full year as co-chief executive officers.