The Deutsche Bank spying scandal continues to heat up in Germany, as the bank has now reportedly dismissed two top executives following an internal investigation. As previously discussed here, in a development somewhat reminiscent of the Hewlett Packard spying scandal from 2006, the German press reported earlier this month that Deutsche Bank spied on certain of its board members and a “troublesome shareholder,” as well, after quarterly financial information was leaked.
In addition, prosecutors in Frankfurt have now opened a preliminary probe into whether Deutsche Bank or its executives violated civil and criminal laws that protect individual privacy by spying on the shareholder.
