Deutsche Bank board members cleared in spy case, probe opened

Karin Matussek and Aaron Kirchfeld report:

Frankfurt prosecutors found no evidence Deutsche Bank AG board members were involved in criminal acts when the bank hired detectives to spy on a shareholder. The office will probe other “responsible people” in the case.

Prosecutors won’t open a probe of members of Deutsche Bank’s supervisory or management board, Doris Moeller-Scheu, a spokeswoman, said in an e-mailed statement today. The prosecution office will investigate possible data protection violations in the case. She didn’t identify any suspects.

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