Deutsche settles in Chinese, Russian hiring case

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Deutsche settles in Chinese, Russian hiring case

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F2G4B6 Moscow, Russia. 18th Sep, 2015. An office of Germany's Deutsche Bank in Sadovnicheskaya Street. The bank has announced the closure of its investment banking unit as part of a review of its global footprint. © Vyacheslav Prokofyev/TASS/Alamy Live News | Alamy Stock Photo

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.

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