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Deutsche Bank wants former board members to share misconduct costs

German bank is reportedly in talks with around 10 people, including former co-chief executives Anshu Jain and Jürgen Fitschen

Deutsche Bank wants former board members to share misconduct costs

Deutsche Bank expects former board members and executives to voluntarily pay for their role in past misconduct that has tarnished the reputation of Germany's biggest lender, chairman Paul Achleitner told shareholders at the firm's general meeting on Thursday, MarketWatch reports.

Achleitner said the supervisory board and two committees were discussing, and had sought legal advice, about the need for personal and collective responsibility. He expects an arrangement that "ensures that the individuals involved make a substantial financial contribution" to emerge in coming months, but said no final decision had yet been reached.

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