Munich Prosecutors Appeal Deutsche Bank Fraud Acquittals

Munich prosecutors filed an appeal against Monday’s acquittals of Deutsche Bank AG co-Chief Executive Officer Juergen Fitschen and four former bank officials from attempted-fraud charges.

The procedural step ensures that prosecutors met a one-week deadline for filing the paperwork, Munich prosecutors’ spokesman Thomas Steinkraus-Koch said in an e-mail Tuesday.

The prosecutors’ office will only make a final decision on whether to pursue full appeals after the court issues a written version of the judgement, Steinkraus-Koch said.

The allegations against defendants including former CEOs Josef Ackermann and Rolf Breuer weren’t backed by the evidence, the judges had found Monday after a trial that lasted almost a year.

Deutsche Bank spokesman Armin Niedermeier declined to comment.

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