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German Green Party Wants Jain to Speak at Hearing, Zeit Reports

Aug. 1 (Bloomberg) -- Germany’s Greens want Deutsche Bank AG co-Chief Executive Officer Anshu Jain to speak at a hearing of the lower house of parliament’s finance committee, Die Zeit reported, citing Gerhard Schick, the party’s finance spokesman.

Large banks haven’t changed many of their ways since the financial crisis and it is unacceptable for taxpayers to fund rescues without politicians gaining insight into their practices to correct mistakes, the newspaper cited Schick as saying.

The Green Party wants to schedule a hearing for September and invite the most important executives in Germany’s financial industry, Die Zeit reported, citing the lawmaker.

To contact the reporter on this story: Nicholas Comfort in Frankfurt at ncomfort1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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