Date: 5th October 2016
Author: BETTER FINANCE
Type: In the news
DSW, the German association for private investors and BETTER FINANCE member, requested a special audit for Deutsche Bank in court. Marc Tüngler, general manager of DSW, explained that they gave Deutsche Bank the chance to voluntarily appoint an auditor, but they now deemed it necessary to involve the court since their request wasn’t met with an appropriate response.
DSW holds that the amount of provisions to settle fines or civil claims as well as the control mechanisms of the bank and other legal proceedings should be examined. The results of this action are to be made public at the 2016 Annual General Meeting.
Read more on this issue here or read the latest DSW press release here.