Nice going, dudes! Deutsche Bank didn't just spy on members of its management and supervisory boards. It also snooped on the personal life of a troublesome shareholder, according to a report it commissioned to investigate the matter. Now officials at Germany's largest bank fear they may be facing a lawsuit.
An investigation commissioned by Deutsche Bank has revealed that Germany's largest bank spied on several of its management board members, supervisory board members and on at least one shareholder. The 150-page report was prepared by legal firm Cleary Gottlieb Steen & Hamilton.
Deutsche Bank CEO Josef Ackermann has been presiding over an internal investigation into a snooping scandal at his bank. Leading executives at the bank hired external "specialists" to solve their security problems -- some of them real, some of them imagined -- and those specialists in some cases resorted to dubious methods.
http://www.spiegel.de/international/business/0,1518,634561,00.html
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