Ex-Deutsche Bank employee loses wrongful dismissal lawsuit

A former Deutsche Bank employee in Moscow lost a lawsuit over what she claimed was a wrongful dismissal linked to an investigation into possible money laundering at the bank’s Russian unit.

Bloomberg News reports that a Moscow labor court threw out the claims by Dina Maksutova, who worked in Russian equity sales, said Marietta Nikolaeva, a spokeswoman for Deutsche Bank.

The court is scheduled to continue hearing a wrongful dismissal suit brought by Tim Wiswell, former head of equities at the bank, on Thursday.

The Russian central bank fined Deutsche Bank about $4,200 for compliance failures in a probe into alleged trading violations at the Moscow office, saying the bank had fallen victim to an illegal scheme, according to people familiar with the matter. 

To access the complete Bloomberg News article hit the link below:

Ex-Deutsche Bank Trader Loses Wrongful Dismissal Suit in Moscow

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