Germany drops probe of former Deutsche Bank board member over Wirecard

Reuters

Published Aug 09, 2021 08:58

FRANKFURT (Reuters) - German prosecutors have dropped an investigation of former Deutsche Bank (DE:DBKGn) supervisory board member Alexander Schuetz for alleged insider trading of Wirecard shares, a Stuttgart state prosecutor said on Monday.

Germany's securities regulator BaFin filed a criminal complaint against Schuetz in April.