The summer is deadly in the corridors of the Deutsche Bank. A month after it announced a broad restructuring plan aimed 18,000 persons and a few days after the publication of the quarterly figures historically low ($3.2 billion of losses), the bank is now talking about it for its lack of rigour.
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According to the Financial Times , a fifty traders in London and New York have retained their access to the servers of the bank and their business email address although they had already been fired due to the restructuring plan, started on 8 July. Among them, there is one that would have sent 450 messages, logging remotely.
Several flaws already revealed
“A small number of employees continued to have access to their company email through personal devices during a limited period of time”, confirms that it is responsible for the Deutsche Bank to the british newspaper. The latter also ensures that the access is no longer possible, and that, among all the mails that have been “reviewed”, none of which contained “sensitive information” or confidential information of the client. It is precisely this that will assure the internal investigation just opened.
a few weeks ago, the Financial Times already showed some flaws in the controls of fight against money laundering, “which allowed to cheques and electronic payments important to be treated without prior verification”. In the framework of its refit, Deutsche Bank has planned to spend 4 billion euros to reduce errors and improve its internal controls.
in Mid-July, officers of the first German bank had also been pinned to be done to make costumes of luxury, the same day that hundreds of their colleagues were leaving the company, cardboard under the arm.
