Deutsche Bank Facing $17M Suit From Douglas Morton After Dismissal

[kreslik.news]

Deutsche Bank AG’s legal team is now facing friendly fire after being targeted in a lawsuit from its former co-Head of Asia corporate finance, Douglas Morton, who has filed a wrongful dismissal claim to the order of $17 million (HK$135.3 million) with the Hong Kong’s Labor tribunal, per a recent Bloomberg report.

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The lawsuit represents Deutsche Bank’s first major hurdle out of its Asian operations in H2 2016, which to date has been the subject of personnel and ... ([url=http://www.financemagnates.com/institutional-forex/regulation/deutsche-bank-facing-17m-suit-from-douglas-morton-after-dismissal/]read more)