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Market Chatter: Deutsche Bank CEO Says Some Employees Terminated Over Epstein Ties

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Deutsche Bank (DB) terminated some staff members due to its client relationship with Jeffrey Epstein, Bloomberg reported Thursday, quoting comments by the bank's Chief Executive Christian Sewing at a shareholder meeting in Frankfurt.

"Where appropriate, we have taken personnel measures, this includes ending our employment relationships with certain individuals," Sewing was quoted as saying.

Sewing did not specify which employees were terminated, the report said.

Norbert Winkeljohann, a member of Deutsche Bank's supervisory board, told shareholders that there is no indication that the bank's management board members "behaved inappropriately" in the company's business relationship with Epstein, Bloomberg reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $33.09, Change: $-0.27, Percent Change: -0.81%

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