Deutsche Bank Executive Ignored Kickback Concerns, Vestia Says

  • Claus Telaar, and bank, deny allegations by housing firm
  • Stichting Vestia says payments invalidate trading losses

The Deutsche Bank AG twin tower headquarters in Frankfurt.

Photographer: Alex Kraus/Bloomberg
Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

A lawyer for a Dutch housing firm said a Deutsche Bank AG executive “did nothing” about possible kickbacks to an official at the housing company, despite alarm bells that should have indicated “something suspicious” was going on.