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Deutsche Bank wants former bosses to share past misconduct costs

Reuters  |  FRANKFURT 

By Arno Schuetze and Tom SimsFRANKFURT (Reuters) - Deutsche Bank expects former board members to contribute substantial sums towards the costs of its past misconduct as Germany's biggest lender seeks to rebuild its reputation, its chairman Paul Achleitner said.Achleitner told shareholders at Deutsche Bank's annual general meeting on Thursday that its supervisory board and two committees were discussing the need for personal and collective responsibility and the bank had sought external legal advice."The supervisory board expects that in the coming months, there will be an arrangement which ...

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First Published: Thu, May 18 2017. 21:38 IST