Germany Probes Deutsche Bank Payments to Saudi Royal Adviser: FT
This article is for subscribers only.
German prosecutors are investigating two former Deutsche Bank AG employees for allegedly paying $1.1 million to secure the wealth management business of a senior Saudi royal, the Financial Times reported.
The money transfers were arranged in 2011 and 2012, along with other perks, including an internship and a seminar at a Swiss ski resort, according to the results of an international probe, seen by the Financial Times.