Bloomberg: Email Furor Leaves Deutsche Bank's Reputation at Risk Once More

Bloomberg: Email Furor Leaves Deutsche Bank's Reputation at Risk Once More[1]

"Shortly after a controversial set of emails between Deutsche Bank AG supervisory board member and Wirecard AG's then-Chief Executive Officer Markus Braun became public last week, Paul Achleitner picked up the phone for a tense conversation. The Deutsche Bank chairman spoke to his colleague, Alexander Schuetz, letting him know he found the content of the exchange unacceptable, according to people familiar with the discussion. (...)

In his conversations with Braun, Schuetz had called for the Wirecard CEO to "finish" the Financial Times because the newspaper had published a critical article about the payments company's accounts. (...)

"Deutsche Bank should review its compliance policy in light of what has become known about the relationship" between the two men, said lawmaker Fabio de Masi, who is also part of the parliamentary investigation probing the Wirecard collapse."

Links:

1. https://www.bloomberg.com/news/articles/2021-01-19/email-furor-leaves-deutsche-bank-s-reputation-at-risk-once-more