Deutsche settles in Chinese, Russian hiring case
The Securities and Exchange Commission has accused Deutsche Bank of hiring relatives of executives of state-owned enterprises (SOEs) in the Asia Pacific and Russia, in order to win business from those entities.
Deutsche is paying $16.2m to US authorities as a settlement but does not admit to or deny the SEC’s claims.
The SEC said on Thursday that between at least 2006 and 2014 Deutsche hired relatives of government officials in different parts of the world as a personal ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
