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Deutsche Bank wants former bosses to pay for past misconduct

Reuters  |  FRANKFURT 

By Tom Sims and Arno SchuetzeFRANKFURT (Reuters) - Deutsche Bank expects former board members to pay substantial sums for their role in past misconduct which has tarnished the reputation of Germany's biggest lender, its chairman Paul Achleitner said on Thursday.Achleitner told shareholders at Deutsche Bank's annual general meeting that the 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 ensures that ...

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First Published: Thu, May 18 2017. 17:02 IST