Sep 23, 2014 7:21 AM
Deutsche Bank co-CEO, 4 others face charges
The Associated Press
FRANKFURT, Germany (AP) Prosecutors in Germany have brought charges against Deutsche Bank co-CEO Juergen Fitschen and two former CEOs in connection with what prosecutors say were misleading statements in a court case.
The Munich prosecutor's office said Fitschen, Rolf Breuer and Josef Ackermann were charged with attempted serious fraud over statements during a lawsuit brought by media mogul Leo Kirch, who died in 2011.
Kirch accused Breuer of contributing to the 2002 bankruptcy of his company by saying in a TV interview that banks would not lend it any more money. Deutsche Bank settled with Kirch's estate in February by agreeing to pay 775 million euros ($997 million).
A court must decide whether there is enough evidence for a trial.
Two others were charged with making false statements.