Deutsche Bank Bribery May Prompt Scrutiny, Lawyers Say
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A former Deutsche Bank AG salesman’s admission in a Japanese court that he bribed a pension fund executive with lavish entertainment could attract the attention of prosecutors in other countries.
The U.S. Department of Justice and other authorities may examine whether the practice was widespread at the bank and led to any violations of bribery laws after Shigeru Echigo testified that he acted on the instructions and encouragement of his management, U.S. and U.K. lawyers not involved in the case said.