| Frankfurt prosecutors have indicted seven current and one former employee of Deutsche Bank for conspiring to evade tax in the trading of carbon emission certificates more than five years ago. Prosecutors did not name Deutsche Bank on Thursday but sources familiar with the matter identified it as the institution involved.
The bank's Frankfurt headquarters were raided by around 500 police and tax inspectors in late 2012, related to investigations into the carbon trading market. Frankfurt prosecutors have investigated more than two dozen current or former employees at the bank, Germany's largest, including co-CEO Juergen Fitschen and former finance chief Stefan Krause, who had signed the lender's tax declarations...............................................Full Article: Source
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