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Deutsche Bank's corporate finance heads put on leave: sources

Published Tue, May 19, 2015 · 09:50 PM

Hong Kong

DEUTSCHE Bank AG has put both its co-heads of corporate finance in Asia on leave, people familiar with the matter said.

Douglas Morton was placed on leave over a suspected breach of internal compliance rules, said one of the people, declining to elaborate. Venky Vishwanathan was put on leave as the bank faces civil court cases over alleged mis-selling of derivatives by a group he helped oversee, the people said, asking not to be named because the information is confidential.

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