Deutsche Bank joint CEO probed by German police | Bangkok Post: news

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Deutsche Bank joint CEO probed by German police

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Deutsche Bank said Wednesday that one of its co-chief executives Juergen Fitschen is under investigation in an ongoing probe into alleged tax fraud at Germany's biggest lender. 

Deutsche Bank said Wednesday that one of its co-chief executives, Juergen Fitschen, is under investigation in a probe into tax fraud at Germany's biggest lender.

Prosecutors and tax police raided the offices of Deutsche Bank Wednesday in a probe dating back to 2010, and "in connection with this, two management board members Juergen Fitschen and Stefan Krause are also being investigated," Deutsche Bank said in a statement.

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