Deutsche Bank Nearing Legal Immunity Deal with Former Executives
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Deutsche Bank Nearing Legal Immunity Deal with Former Executives
Deutsche Bank is finally closing in on a settlement with a group of ex-executives, which will look to reconcile nearly 50 percent of bonuses presently owed. The deal will look to forgo approximately half of outstanding bonuses to eleven former Deutsche Bank executives as part of an immunity plea that represents a finality for both sides.
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Last month, Finance Magnates reported that Deutsche Bank was looking to close the chapter on the issue of unpaid bonuses to a group of former senior officials. The deal would also prevent any legal measures ... (read more)
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