Germany: Deutsche Bank spying scandal takes on another dimension

After acknowledging, on May 25, that its security service spied on some employees in the past, the Deutsche Bank promised an “uncompromised explanation” of this case and commissioned the Cleary Gottlieb Steen & Hamilton firm to investigate. According to Der Spiegel, this report is now finished and will soon be on the order of the day of an extraordinary board meeting. The Deutsche Bank refused to make any comments on this report, adding that it was waiting for the results of another study carried out by the Bafin financial control organization.
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After acknowledging, on May 25, that its security service spied on some employees in the past, the Deutsche Bank promised an “uncompromised explanation” of this case and commissioned the Cleary Gottlieb Steen & Hamilton firm to investigate. According to Der Spiegel, this report is now finished and will soon be on the order of the day of an extraordinary board meeting. The Deutsche Bank refused to make any comments on this report, adding that it was waiting for the re

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