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Ex-Deutsche Bank Trader Sues for Bonus After Bad Bank Shutdown

  • Shikha Gupta says bank executives promised her high rewards
  • Deutsche Bank said there was no evidence of pay promises

An ex-Deutsche Bank AG credit trader laid off when the lender closed down its bad bank has sued the company in London, saying she was denied hundreds of thousands of pounds in bonuses.

Shikha Gupta, who led a team tasked with unwinding some of the “highest risk assets” held on the bank’s own balance sheet, was made redundant in March 2017.